[Source.](https://slaynews.com/news/bidens-500-million-student-loan-forgiveness-plan-shut-down-appeals-court/) > Former President Joe Biden’s plan to wipe $500 million in student debts for college-educated voters has finally been shut down by an appeals court. > On Tuesday, the U.S. 8th Circuit Court of Appeals put the final nail in the coffin of Biden’s scheme. > Missouri Attorney General Andrew Bailey originally sued the Biden admin over its half-a-billion-dollar effort to wipe student debts. > The scheme was known officially as the SAVE plan. > The court’s Tuesday ruling found that Biden’s administration didn’t have the authority to wipe the debts.