"States Sue to Block Biden's Student Loan Plan as AOC Faces Questions on Potential Benefits"

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Source: Fox Business
"States Sue to Block Biden's Student Loan Plan as AOC Faces Questions on Potential Benefits"
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TL;DR Summary

Missouri and six other states have filed a lawsuit to block President Biden's student loan forgiveness plan, arguing that it is illegal and would cost taxpayers $475 billion. This comes after Kansas and 10 other states sued the administration over the same plan. The lawsuit contends that Biden's plan is unconstitutional and part of a pattern of imposing costly policy changes without consent. The Biden administration has defended the plan, which aims to cut accrued interest for borrowers, stating that the Department of Education has the authority to define income-driven repayment plans.

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