Federal appeals court issues injunction against SAVE Plan, and other student loans news [Yahoo! Finance]
Nelnet, Inc. (NNI)
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Source: Yahoo! Finance
Last week's ruling in the U.S. 8th Circuit Court of Appeals could foreshadow a longer, more intense legal battle within the Supreme Court. Plus, a group of Democrat senators launched an investigation following a Washington Post report on student loan balances showing up twice on certain borrowers' credit reports. SAVE plan blocked again by appeals court, signaling extended legal battle over forgiveness On Friday, a panel of Republican-appointed judges unanimously issued an injunction against the SAVE plan. The injunction states the plan is without Congressional authorization and forbids the administration from forgiving any loans or interest under the plan. The ruling replaces the administrative stay the court issued last month. Nothing is changing for borrowers: the current administrative forbearance will continue until a final decision is reached. But this most recent injunctinon is another setback for the administration and could result in a months-long legal battle if they
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- Nelnet Reports Third Quarter 2024 ResultsPR Newswire
- Firstmark Services overview: What student loan borrowers need to know [Yahoo! Finance]Yahoo! Finance
- My Student Loan Mistakes and an Awful Scam Cost Me Thousands. How I Dug Myself Out [CNET News]CNET News
- These 4 Student Loan Mistakes Cost Me Thousands. Here's How to Avoid Them [CNET News]CNET News
- Nelnet to Announce Third Quarter ResultsPR Newswire
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