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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.
The states of Iowa, Kansas, Missouri, Nebraska and South Carolina joined Arkansas in filing the lawsuit. Iowa has a Democratic attorney general, but the state’s Republican governor, Kim Reynolds, signed on the state’s behalf. The states argue that Missouri’s loan servicer is facing a “number of ongoing financial harms” because of Biden’s decision to cancel loans. Other states that joined the lawsuit argue that Biden’s forgiveness plan will ultimately disrupt revenue to state coffers.
The administration also said it would extend the current pause on federal student loan repayments — put on hold near the start of the pandemic more than two years ago — once more through the end of the year. In their lawsuit, the Republican attorneys general also contend that the forgiveness program violates the Administrative Procedure Act, which lays out how federal agencies should make regulations in order to ensure executive branch policies are well-reasoned and explained.
Source: Education Headlines (educationheadlines.net)
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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.
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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’”
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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.
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GOP states sue Biden administration over student loan planIn the lawsuit, 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.
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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.
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GOP States Sue Biden Administration Over Plan to Forgive Student LoansSix Republican-led states are suing the Biden administration to try and halt its plan to forgive student loan debt for millions of Americans. But the GOP was happy to give tax breaks to the wealthy. Sheesh Wow… I won’t benefit from this, but if that’s not a reason for those tens of millions to never vote for these republicans again, I’m not sure what is…
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