The more things change, the more they stay the same.
From CNN:
The Supreme Court declined on Wednesday to lift a sweeping block on President Joe Biden's student loan repayment plan that aims to slash monthly payments and quicken the path to loan forgiveness.
The high court turned down a request from the Biden administration to put the plan back in play after lower courts blocked it this summer in a legal challenge brought by GOP-led states to the plan.
There were no noted dissents in the brief order.
But here's the kicker:
Wednesday's order has no immediate impact on the 8 million borrowers currently enrolled in SAVE. In response to the deepening legal fight over the plan, the Department of Education last month placed the borrowers in an interest-free forbearance during which they are not required to make monthly student loan payments.
So the Court is prohibiting Biden from forgiving student loan debt, but there's no enforcement mechanism so everything is in limbo and Biden can still do what he wants.
Earlier in August, the 8th Circuit Court of Appeals blocked the SAVE plan, but has not issued a ruling on whether Biden can use the program or if it should be overturned. SCOTUS said it expects the 8th Circuit to "render its decision with appropriate dispatch," which is a fancy way of saying "the ball is in their court so stop bugging us."
You can expect the issue to go back to SCOTUS once that ruling is made.
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