Trump admin moves to end key Biden-era student loan repayment plan

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The Trump administration announced a deal Tuesday to officially end a major student loan repayment program implemented under President Joe Biden.

The Education Department said in a news release that it reached a proposed joint settlement agreement with Missouri to bring an end to Biden’s “Saving on a Valuable Education” plan. Several Republican-led states had sued the department during the Biden administration over the SAVE plan.

The program has been on hold since February, when the 8th U.S. Circuit Court of Appeals sided with Missouri and other red states that challenged the Biden plan.

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