A fresh lawsuit revives an old challenge for President Joe Biden — delivering on his 2020 campaign pledge to forgive student loans.
Biden announced in 2022 that he’d “cancel” $10,000 of federal student debt per borrower, only to see his plan ruled illegal by the. He has since announced another $144 billion in student debt writeoffs and created a program to lower future payments, but he was slapped with a new lawsuit by a coalition of Republican-led states on Thursday.from Kansas and 10 other states. “Nothing since then has changed, other than introducing more legal errors into this rule’s underlying analysis.
“The vast majority of Americans recognize that it’s unfair to do that,” Kansas Attorney General Kris Kobach, who led the lawsuit, told the“It is effectively a gift, a grant, from the federal government. Well, who pays that? It doesn’t come out of thin air, it comes from the rest of us taxpayers.” The Biden campaign did not respond to a request for comment, but the president certainly appears to believe that student loans are a winning topic, pushing it repeatedly and openly bragging that the Supreme Court “” last week to promote its student loans programs, featuring Vice President Kamala Harris, Education Secretary Miguel Cardona, and more than 40 organizations ranging from labor unions to the U.S. Chamber of Commerce.
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