6 GOP states sue Biden administration over student loan plan

As the lawsuit was being filed, the administration quietly scaled back eligibility rules for the debt relief.

In the lawsuit, being filed Thursday in a federal court in Missouri, the Republican states argue that Biden’s cancellation plan is “not remotely tailored to address the effects of the pandemic on federal student loan borrowers,” as required by the 2003 federal law that the administration is using as legal justification.

In particular, the suit alleges that Missouri’s loan servicer will lose revenue from loans it owns through the Federal Family Education Loan Program — a program that allowed private banks to issue and manage federally backed student loans until the program was disbanded in 2010. “Republican officials from these six states are standing with special interests, and fighting to stop relief for borrowers buried under mountains of debt,” White House spokesman Abdullah Hasan said Thursday. “The president and his administration are lawfully giving working and middle class families breathing room as they recover from the pandemic and prepare to resume loan payments in January.

Democratic lawmakers battling in tough reelection contests also distanced themselves from the student loan plan, as Republican officials called it an unfair government giveaway for relatively affluent people at the expense of those who didn’t pursue higher education.

😡😡😡😡😡😡😡😡😡😡

Cool. Start withholding the Federal aid that keeps red states afloat.

Students, I hope you get out there and VoteWisely in each and every state, in each and every election. Your vote DOES indeed make a difference. Vote

Damn. Would have been cool if they sued the executive office of Trump/Biden for all the corporate and industry subsidies and giveaways over the past 6 years. We'd be trillions of dollars less in debt.

🤣 oy, don’t they have anything better to do? These are federal loans, not state loans. Grow the 7734 up.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Six Republican-led states sue Biden administration over student loan debt reliefThe states argue that Biden’s plan is “not remotely tailored to address the effects of the pandemic on federal student loan borrowers,” as required by the 2003 federal law that the administration is using as legal justification. Of course, it was Republicans. They never said boo about billionaire tax breaks or PPP Loan forgivness. Heaven forbid we have an educated public. They'd rather outsource our professional jobs from other countries. This is just another political STUNT.
Source: adndotcom - 🏆 293. / 63 Read more »

Six Republican-led states sue Biden administration over student loan debt reliefThe states argue that Biden’s plan is “not remotely tailored to address the effects of the pandemic on federal student loan borrowers,” as required by the 2003 federal law that the administration is using as legal justification.
Source: adndotcom - 🏆 293. / 63 Read more »

Six GOP-led states suing Biden administration over student loan forgivenessSix GOP-led states are suing the Biden administration to try and halt its plan to forgive student loan debt. If Trump didn’t preside over $8 Trillion increase in the National Debt maybe they could get some respect and be listened to. GOP- “We want to squelch education bc if they actually understand what we’re doing, we’re cooked’”
Source: CBSNews - 🏆 87. / 68 Read more »

Six States Sue to Block Biden Student Debt Cancellation PlanSix states sued the Biden administration on Thursday over its mass student debt cancellation plan, citing harms to state higher education lending programs and reduced tax revenues Really have nothing better to do, do they? Should be more. It is illegal. I am not sure why 50 states aren’t suing? The people like us who paid off our debt by scrimping and saving should also get this benefit, or no one should.
Source: WSJ - 🏆 98. / 63 Read more »

Activists Condemn GOP States’ “Sham” Lawsuit Over Student Debt ForgivenessSix Republican-led states filed a lawsuit on Thursday aiming to stop tens of millions of student loan borrowers from receiving relief from President Joe Biden’s debt forgiveness plan.
Source: truthout - 🏆 69. / 68 Read more »

GOP States Sue Biden Administration Over Student Loan PlanSix Republican-led states are suing the Biden administration to try and halt its plan to forgive student loan debt for millions of Americans.
Source: HuffPostWomen - 🏆 27. / 68 Read more »