Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

In It to Win It

(8,254 posts)
Thu Mar 28, 2024, 05:12 PM Mar 28

Republican states file lawsuit challenging Biden's student loan repayment plan

Republican states file lawsuit challenging Biden's student loan repayment plan


TOPEKA, 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 didn’t 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.
8 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Republican states file lawsuit challenging Biden's student loan repayment plan (Original Post) In It to Win It Mar 28 OP
They just will not stop................ Lovie777 Mar 28 #1
So Republicans WANT their constituents to keep being ripped off? ProudMNDemocrat Mar 28 #3
What is their standing for filing the lawsuit? Probatim Mar 28 #2
One of those AGs BOSSHOG Mar 28 #4
Mean, angry, small-minded pricks - every one of them. Probatim Mar 28 #5
Rugged individualists BOSSHOG Mar 28 #7
It's not state money. Right? WTF business is it of theirs? bullimiami Mar 28 #6
No way do those states have standing. VMA131Marine Mar 28 #8

ProudMNDemocrat

(16,786 posts)
3. So Republicans WANT their constituents to keep being ripped off?
Thu Mar 28, 2024, 05:18 PM
Mar 28

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.

BOSSHOG

(37,070 posts)
4. One of those AGs
Thu Mar 28, 2024, 05:26 PM
Mar 28

Is mine. Kris Kobach. He is a dumbass. That’s 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.

bullimiami

(13,099 posts)
6. It's not state money. Right? WTF business is it of theirs?
Thu Mar 28, 2024, 05:31 PM
Mar 28

Standing is a good question. Seems like they shouldn’t have it.

Latest Discussions»General Discussion»Republican states file la...