Republican SUES Biden administration over latest student loan plan with $1.2 ... trends now

Republican SUES Biden administration over latest student loan plan with $1.2 ... trends now

Kansas Attorney General Kris Kobach is suing the Biden administration to block President Biden's latest effort to cancel student loan debt.

The Biden administration has forgiven $143.6 billion in student loan debt for nearly four million Americans since Biden took office, but Republican officials want to put an end to it.

Kobach appeared on Fox News on Thursday where he said he would be filing a lawsuit in Kansas. Kansas is backed in the lawsuit by ten other states Alabama, Alaska, Idaho, Iowa, Louisiana, Montana, Nebraska, South Carolina, Texas and Utah.

Attorneys General from Missouri and Arkansas also signaled they were joining the multi-state coalition challenging the administration.

Kobach said the case against canceling student loan debt would be similar to when a group of Republican states sued to block President Biden's original plan to cancel up to $20,000 in student loan debt. 

Kansas was among the six states that sued the Biden administration in 2022 over its first debt forgiveness plan. 

In June 2023, the Supreme Court ruled against the Biden administration, but President Biden and education officials vowed to press forward with their efforts to cancel student loan debt.

Kansas Attorney General Kris Kobach appeared on Fox News where he said he is filing a lawsuit against the latest Biden administration student loan forgiveness plan

Kansas Attorney General Kris Kobach appeared on Fox News where he said he is filing a lawsuit against the latest Biden administration student loan forgiveness plan

The Biden administration has canceled $144 billion in student loan debt despite the Supreme Court blocking the president's first student loan forgiveness plan

The Biden administration has canceled $144 billion in student loan debt despite the Supreme Court blocking the president's first student loan forgiveness plan

Just months after the highest court blocked Biden's first student debt plan, the administration launched the SAVE plan, an income drive repayment plan that cuts down on the amount to time and money some borrowers have to pay before their student loan debt is forgiven.

Last month, the  administration began canceling billions in debt under the plan. 

'It was illegal when the Biden administration attempted to cancel student loan debt in 2022, and the Supreme Court held so by a six to three decision last summer,' Kobach said.

He blasted the administration accusing them of attempting a similar move.

'Now they're doing it again, and they've been kind of keeping their cards close to their chest as to how they're doing it,' Kobach said. 'Its become evident that this is going to be, probably well in excess of $200 billion cancelation of debt.'

Biden Administration Student Loan Debt Forgiveness

August 2022: Biden announces original plan to cancel up to $20,000 in student loan debt

June 2023: Supreme Court blocks Biden's first student loan forgiveness plan

August 2023: Biden announces  income driven repayment SAVE plan

February 2024: Biden administration begins canceling debt under the SAVE plan

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He said the majority of student loan borrowers will have the 'entirety of their debt canceled' and argued they're

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