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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublican states file lawsuit challenging Biden's student loan repayment plan
Republican states file lawsuit challenging Biden's student loan repayment planTOPEKA, Kan. (AP) A group of Republican-led states is suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of borrowers.
In a federal lawsuit filed Thursday, 11 states led by Kansas argue that Biden overstepped his authority in creating the SAVE Plan, which was made available to borrowers last year and has already canceled loans for more than 150,000.
It argues that the new plan is no different from Biden's first attempt at student loan cancellation, which the Supreme Court rejected last year. Last time Defendants tried this the Supreme Court said that this action was illegal. Nothing since then has changed, according to the lawsuit.
Biden announced the SAVE repayment plan in 2022, alongside a separate plan to cancel up to $20,000 in debt for more than 40 million Americans. The Supreme Court blocked the cancellation plan after Republican states sued, but the court didnt examine SAVE, which was still being hashed out.
The new lawsuit was filed a day after the White House hosted a day of action to promote the SAVE Plan. The Biden administration says more than 7.7 million borrowers have enrolled in the plan, including more than 5 million who have had their monthly payments reduced to $100 or less because they have lower yearly incomes.
In a federal lawsuit filed Thursday, 11 states led by Kansas argue that Biden overstepped his authority in creating the SAVE Plan, which was made available to borrowers last year and has already canceled loans for more than 150,000.
It argues that the new plan is no different from Biden's first attempt at student loan cancellation, which the Supreme Court rejected last year. Last time Defendants tried this the Supreme Court said that this action was illegal. Nothing since then has changed, according to the lawsuit.
Biden announced the SAVE repayment plan in 2022, alongside a separate plan to cancel up to $20,000 in debt for more than 40 million Americans. The Supreme Court blocked the cancellation plan after Republican states sued, but the court didnt examine SAVE, which was still being hashed out.
The new lawsuit was filed a day after the White House hosted a day of action to promote the SAVE Plan. The Biden administration says more than 7.7 million borrowers have enrolled in the plan, including more than 5 million who have had their monthly payments reduced to $100 or less because they have lower yearly incomes.
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Republican states file lawsuit challenging Biden's student loan repayment plan (Original Post)
In It to Win It
Mar 28
OP
Lovie777
(12,281 posts)1. They just will not stop................
ProudMNDemocrat
(16,786 posts)3. So Republicans WANT their constituents to keep being ripped off?
And paying their loans despite rising interest rates and not being consumers that generate a strong consumer based economy? Boy are they STUPID!
They had best campaign on that and tell voters they OPPOSE Student Loan reductions or forgiveness because the Lenders will have less money coming in.
Probatim
(2,530 posts)2. What is their standing for filing the lawsuit?
I absolutely can't understand the meanness of these people.
BOSSHOG
(37,070 posts)4. One of those AGs
Is mine. Kris Kobach. He is a dumbass. Thats his standing. He has been a wretched failure since day one. Guess which party he belongs to. Way too busy grandstanding to do his job.
Probatim
(2,530 posts)5. Mean, angry, small-minded pricks - every one of them.
BOSSHOG
(37,070 posts)7. Rugged individualists
Who couldnt survive without their socialist perks and graft.
bullimiami
(13,099 posts)6. It's not state money. Right? WTF business is it of theirs?
Standing is a good question. Seems like they shouldnt have it.
VMA131Marine
(4,140 posts)8. No way do those states have standing.