States File Lawsuit to Block Biden’s Student-Loan Repayment Plan, Citing Constitutional Concerns and Revenue Loss for Loan Servicer
Jefferson City, Missouri – Missouri’s Attorney General, Andrew Bailey, has led six other GOP states in filing a lawsuit to block President Joe Biden’s new student-loan repayment plan. The lawsuit argues that the SAVE income-driven repayment plan, established in July 2023, is unconstitutional and defies a Supreme Court decision that previously blocked Biden’s attempt at broad debt relief. This is the second lawsuit filed so far to block the student-loan repayment plan. The lawsuit specifically takes issue with the early implementation of a provision of the SAVE plan by the Education Department in February. The … Read more