The plan would affect millions of borrowers struggling with runaway interest and others who were still paying off loans after decades. It was set to take effect this fall.

A federal court in Georgia has halted an upcoming federal student loan forgiveness program in advance of its anticipated launch this fall.

WASHINGTON — The Supreme Court on Wednesday kept on hold the latest multibillion-dollar plan from the Biden administration that would have lowered payments for millions of borrowers, while lawsuits make their way through lower courts.