Missouri, U.S. Department of Education reach proposed settlement in student loan forgiveness case

Matthew Sanders

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.

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