7 More States Sue to Block ‘Most Generous Ever’ Student Loan Program

Published on April 9, 2024

President Joe Biden faces a fresh lawsuit from a seven-state coalition challenging his “most generous ever” federal student loan repayment plan, under which millions of borrowers would have a monthly bill of $0. In their complaint, filed on April 8 at a federal court in Missouri, the states argued that what the Biden administration calls the SAVE plan is another unlawful attempt to force Americans who incurred no college debt to shoulder the bill for those who did. “Just last year, the [U.S.] Supreme Court struck down an attempt by the President to force teachers, truckers, and farmers to pay for the student loan debt of other Americans—to the enormous tune of $430 billion,” the complaint stated, noting that the high court’s 6-3 majority explicitly ruled that the president should not bypass Congress to implement a decision with such profound impact on the country’s economy....