Missouri, U.S. Department of Education reach proposed settlement in student loan forgiveness case
COLUMBIA, Mo. (KMIZ)
The State of Missouri and the U.S. Department of Education have reached a proposed settlement over the Biden administration's student loan forgiveness program.
The Education Department said Tuesday in a news release that the state has agreed not to enroll new borrowers in the SAVE student loan debt forgiveness plan, deny any pending applications and move anyone with a SAVE plan onto a repayment plan.
A federal judge must approve the settlement agreement.
Missouri Attorney General Catherine Hanaway posted on social media platform X that she supports the agreement.
