President Joe Biden's income-driven repayment plan hit a legal snag this week after two federal judges blocked parts of it that were set to take effect next week. The Biden Administration introduced the Saving on a Valuable Education plan after the Supreme Court struck down Biden's student loan forgiveness plan.
Only 33% of student loan holders have been making regular payments since they started up again in October – and about half are looking to use an income-driven repayment plan or are seeking outright forgiveness, according to a Civic Science survey.
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