by Rebecca Falconer at AXIOS
Eleven Republican-led states are suing the Biden administration over its latest efforts to provide student debt relief for millions of borrowers.
Why it matters: The administration introduced the Saving on a Valuable Education (SAVE) plan after the U.S. Supreme Court blocked President Biden’s signature student loan forgiveness program last June in a majority ruling that said the plan exceeded the federal government’s authority.
Driving the news: “Last time Defendants tried this the Supreme Court said that this action was illegal,” states the lawsuit, filed in the U.S. District Court for the District of Kansas.
- “Nothing since then has changed, other than introducing more legal errors into this Rule’s underlying analysis.”
The big picture: The Biden administration has pledged to lower student debt burdens and give borrowers breathing room with student loan repayment programs such as the income-driven SAVE plan…
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