"Republican-led States Sue Biden Over Student Loan Forgiveness Plan"

1 min read
Source: The Associated Press
"Republican-led States Sue Biden Over Student Loan Forgiveness Plan"
Photo: The Associated Press
TL;DR Summary

Republican-led states, including Kansas, have filed a lawsuit against the Biden administration to block the SAVE Plan, a new student loan repayment plan that offers faster loan cancellation and lower monthly payments. They argue that Biden overstepped his authority and that the plan will harm states in various ways. The Education Department declined to comment on the lawsuit but noted that it has the authority to define the terms of income-driven repayment plans.

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