Six Red States Sue To Block Student Loan Debt Relief

The Washington Post reports:

Six Republican-led states sued on Thursday to overturn President Biden’s plan to cancel up to $20,000 in student debt for millions of borrowers, as conservatives advance legal challenges to one of the administration’s signature economic policy initiatives. The lawsuit filed by the GOP-run states asks the court to block the program immediately to prevent the Biden administration from canceling loan balances as early as next week.

Missouri Attorney General Eric Schmitt (R), who is leading the litigation, also said in a statement that the policy will worsen inflation for Americans who do not benefit from student debt cancellation. Arkansas, Iowa, Kansas, Nebraska, and South Carolina joined Missouri in filing the complaint. Schmitt is also the Republican nominee for Missouri’s U.S. Senate seat in this fall’s election.

Read the full article.

The new suit, filed in federal court in Missouri, comes two days after a conservative attorney in Indiana filed a separate lawsuit against the administration seeking to reverse the policy. https://t.co/hISVJMgg8q

— The Washington Post (@washingtonpost) September 29, 2022