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A group of seven Republican-led states filed a fresh lawsuit Tuesday, seeking to block a new student loan relief plan that the Biden administration planned to start rolling out this fall.
Seven GOP-led states filed the first lawsuit against Biden's broader student-loan forgiveness plan. The states say Biden is planning to implement the relief before the final rule is published.
A lawsuit filed by two conservative groups to block the Biden administration's cancellation of $39 billion of debt for 804,000 student loan borrowers was dismissed by a federal judge on Aug. 14.
Nebraska, 600 U.S. 477 (2023), was a United States Supreme Court case related to the forgiveness of federal student loans by the Biden administration in 2022, challenged by multiple states. The Supreme Court's ruling was issued on June 30, 2023, ruling 6–3 that the Secretary of Education did not have the power to waive student loans under the ...
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Specifically, the organization calls for the return of standard consumer protections to student loans, including bankruptcy protections and statutes of limitations. The organization also calls for the removal of exemptions given uniquely to the student loan industry from Fair Debt Collection Practices Act, the Truth in Lending Act, and state usury laws. [1]
A group of Republican-led states is suing the Biden administration to block a new student loan repayment plan that provides a faster path to cancellation and lower monthly payments for millions of ...
The conservative Pacific Legal Foundation has launched the first legal challenge to President Biden’s student loan debt forgiveness plan.