26 million borrowers have applied for student loan forgiveness. But GOP challenges put plan at risk

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Close to 26 million Americans have applied for student loan forgiveness. But the White House's plan could be in jeopardy due to GOP legal challenges.

U.S. District Judge Henry Autrey in St. Louis ruled earlier this month that while the states had raised "important and significant challenges to the debt relief plan," they ultimately lacked legal standing to pursue the case.

The main obstacle for those hoping to foil the president's action has been finding a plaintiff who can prove they've been harmed by the policy, experts say., a Harvard law professor. "No individual or business or state is demonstrably injured the way private lenders would have been if, for instance, their loans to students had been canceled."

The GOP-led states didn't give up after their lawsuit was thrown out. They filed an appeal, and asked the court to stay the president's plan, which was supposed to start unfolding last month, while their request is considered. The 8th U.S. Circuit Court of Appeals granted the states' emergency petition, leaving the Biden administration unable to start forgiving any student debt for now.In their challenge, the states accuse President Joe Biden of overstepping his authority.

The Education Department, in order to protect its broader loan forgiveness policy, has now said that FFEL borrowers need to have consolidated their loans by the end of September to be eligible.

 

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Good.

Can we do mortgage forgiveness next?

Good! This is bullshit!

Borrow money pay it back

GOP is not about with the people they’re in it for the corporations. Can’t get $1 million campaign check from the average Joe

You mean, it’s unconstitutional.

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