Republican states file lawsuit challenging Biden's student loan repayment plan
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March 29, 2024
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...
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