The Biden administration responded by introducing the Saving on Valuable Education, or SAVE, plan last fall.

The challenges put the plan on hold.

The Court expects that the Court of Appeals will render its decision with appropriate dispatch.

US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024.Andrew Caballero-Reynolds/AFP/Getty Images

No explicit reason for the decision was provided and no public dissents were noted in the document.