Lawsuits Filed to Halt Biden's $39 Billion Student Loan Cancellation
Two conservative groups have filed a lawsuit to block the Biden administration's plan to cancel $39 billion in student loans for over 800,000 borrowers. The groups argue that the administration exceeded its authority and that the cancellation plan undermines the Public Service Loan Forgiveness program. The Education Department has called the lawsuit a desperate attempt by right-wing special interests, while Republicans have launched multiple legal challenges against the administration's efforts to reduce or eliminate student debt.