Student Loan Update: Federal Judge Hands Joe Biden's Plan a Legal Win

A Kansas federal judge ruled on Friday that only three of the 11 states that filed a lawsuit against President Joe Biden's recent $156 billion student loan debt forgiveness plan could proceed with their case.In late March, 11 Republican-led states filed a lawsuit against the Biden administration's student loan debt forgiveness plan, stemming from last year's rejection of the president's $430 billion student debt erasure initiative by the U.S. Supreme Court.

'Newsweek has reached out to Kobach's office and the White House via email for comment.The ruling comes after experts previously told Newsweek that it would be difficult for each state to have legal standing to proceed with their case.'The odds of success for the states in this lawsuit are much lower than the one-time forgiveness case,' attorney and Student Loan Sherpa founder Michael Lux previously told Newsweek.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Student loan forgiveness: Biden announces $7.7B in student loan debt relief for 160K AmericansThe Biden administration announced Wednesday that $7.7 billion in student loan debt relief has been disbursed to 160,000 Americans this month.
Source: njdotcom - 🏆 282. / 63 Read more »

Student Loan Update: Biden Cancels $7.7 Billion of DebtThe Biden administration has announced a further debt cancellation for 160,000 borrowers.
Source: Newsweek - 🏆 468. / 52 Read more »

Student Loan Update: California Launches New Program to Help BorrowersAcross the state, Californians are dealing with more than $148 billion in student loan debt.
Source: Newsweek - 🏆 468. / 52 Read more »

20 state AGs challenging Biden admin's latest student loan relief plan: 'Unconstitutional'Missouri Attorney General Andrew Bailey announced Monday he is leading 19 other states in challenging the plan, labeling it 'unconstitutional.'
Source: KUTV2News - 🏆 281. / 63 Read more »

22 Screenshots That'll Convince You Student Loans Are A ScamAfter making 40 student loan payments, their total loan balance increased by $6.
Source: BuzzFeed - 🏆 730. / 51 Read more »

Biden administration extends key deadline for student loan forgivenessStudent loan borrowers hoping for a one-time payment count adjustment now have until June 30, after the U.S. Department of Education extended the deadline.
Source: CNBC - 🏆 12. / 72 Read more »