September 4, 2024
2 mins read

Republican-led states sue over Biden’s student debt relief plan

The lawsuit, led by Missouri Attorney General Andrew Bailey, was joined by Georgia, Alabama, Arkansas, Florida, North Dakota, and Ohio….reports Asian Lite News

Seven GOP-led states are suing to block President Biden’s policy that would lower or eliminate debt for millions of student loan borrowers.

The lawsuit claims the Department of Education is “unlawfully trying to mass cancel hundreds of billions of dollars of loans” before the rule is finalized.

The lawsuit, led by Missouri Attorney General Andrew Bailey, was joined by Georgia, Alabama, Arkansas, Florida, North Dakota, and Ohio.

The lawsuit, first reported by The Washington Post, argues that Education Secretary Miguel Cardona is secretly, “through cloak and dagger,” trying to forgive student loan debt after courts stopped him twice before.

In a statement, Bailey said his latest lawsuit challenges the Biden-Harris administration’s “third and weakest attempt” to cancel loans in mass “in the dark of night” without letting Congress or the public know.

 “We successfully halted their first two illegal student loan cancellations schemes; I have no doubt we will secure yet another win to block the third one,” Bailey’s statement said. “They may be throwing spaghetti at the wall to see what sticks, but my office is meeting them every step of the way.”

The new plan to forgive student debt has yet to be finalized and will be some time this fall. No debt can be forgiven before then, but the lawsuit argues the Biden administration is cutting corners to begin cancelling debt “potentially this week.”

“That is both extraordinarily inequitable and also expressly violates a statute prohibiting the Secretary from implementing rules like this one sooner than 60 days after publication,” the suit said.

The lawsuit alleges Cardona knows that student loans that have already been forgiven cannot be turned back by states, and that’s why he is “trying to quietly rush this rule out too quickly for anybody to sue.”

The lawsuit describes the plan as not only Cardona’s “weakest” of the three so far proposed but the “most aggressive” as it could start canceling loans as soon as this week.

“That is both extraordinarily inequitable and also expressly violates a statute prohibiting the Secretary from implementing rules like this one sooner than 60 days after publication,” the lawsuit states, while accusing Cardona of “trying to quietly rush this rule out too quickly for anybody to sue.”

Bailey said the plan was the Biden administration’s attempt to saddle working Americans with “Ivy League debt.”

“We successfully halted their first two illegal student loan cancellation schemes; I have no doubt we will secure yet another win to block the third one,” he said in a statement. “They may be throwing spaghetti at the wall to see what sticks, but my office is meeting them every step of the way.”

ALSO READ: US in a fix over UK arms ban on Israel

Previous Story

US in a fix over UK arms ban on Israel

Next Story

India-Singapore Forge ‘New Chapter’ in Strategic Alliance

Latest from -Top News

Multi-alignment, upgraded

With US ties strained and China tense, New Delhi taps Europe’s harder edge for co-development, clean tech and strategic autonomy, writes Manoj Menon India is recalibrating its great-power hedging as frictions with

India-EU Trade Deal Breakthrough Soon?

Negotiators report increased momentum in discussions, which have been given a boost from US President Donald Trump’s tariff offensive…reports Asian Lite News India and the European Union aim to finalise a trade

Europe Seeks Peace in Gaza

European countries condemn Israeli interception of Gaza-bound flotilla, demand safety of citizens…reports Asian Lite News Israel’s interception of an international flotilla carrying humanitarian aid to Gaza has sparked condemnation across Europe, with

GAZA: Egypt to Host Peace Talks

Egypt hopes the discussions will help “end the war and the suffering of the brotherly Palestinian people, which has continued for two consecutive years…reports Asian Lite News Egypt will host Israeli and

‘My Injuries Made Me’

During his four-year battle with injury, the incumbent fast bowling spearhead made occasional appearances but couldn’t bear the workload and demands of red-ball cricket….reports Asian Lite News England tearaway Jofra Archer believes
Go toTop

Don't Miss

Biden threatens Sudan sanctions

Biden signed an executive order on Thursday that broadens authority

White Houses faces standoff with Saudi, UAE as oil prices soar

With the most serious oil shock in decades now a