Biden faces fresh political peril with latest student loans lawsuit

A fresh lawsuit revives an old challenge for President Joe Biden — delivering on his 2020 campaign pledge to forgive student loans.

Biden announced in 2022 that he’d “cancel” $10,000 of federal student debt per borrower, only to see his plan ruled illegal by the Supreme Court. He has since announced another $144 billion in student debt writeoffs and created a program to lower future payments, but he was slapped with a new lawsuit by a coalition of Republican-led states on Thursday.

“Last time defendants tried this the Supreme Court said that this action was illegal,” reads a portion of the suit from Kansas and 10 other states. “Nothing since then has changed, other than introducing more legal errors into this rule’s underlying analysis.”

Missouri has promised to deliver
Read more…

Please follow and like us: