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Supreme Court denies Biden's latest ploy to cancel MORE student loan debt

The Biden administration was dealt another major blow by the Supreme Court, which denied its request to reinstate a major student loan forgiveness plan.

The high court declined to allow Biden's $160 billion Saving on a Valuable Education (SAVE) plan to move forward.

It comes after two federal judges last month sided with several Republican-led states and stopped Biden from moving forward with the debt cancellations.

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