"Republican States Sue to Stop Biden's Student Loan Repayment Plan"

Eleven Republican-led states have filed a lawsuit to overturn President Biden’s new student loan repayment plan, arguing that the program, known as Save, is an overreach of presidential authority and will cost taxpayers billions of dollars. The plan, which provides lower monthly payments and faster loan cancellation, has already erased the balances of over 150,000 borrowers. The states allege that the plan goes beyond the authority granted by the Higher Education Act and is similar to a previous forgiveness plan that was struck down by the Supreme Court. The Biden administration is committed to providing relief to borrowers, while conservatives argue that broad debt relief is unfair to taxpayers.