Wednesday 5 October 2022 07:57 PM Wisconsin group sues to BLOCK Biden's student loan forgiveness because of ... trends now

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A Wisconsin conservative group is challenging Joe Biden's loan forgiveness program on the grounds that it violates the Constitution by intentionally favoring black borrowers.

The Wisconsin Institute for Law and Liberty filed a lawsuit on Tuesday for the Brown County Taxpayers Association.

It treads similar ground to other challenges by accusing the Biden administration of executive overreach.

But it also points out that officials have promoted the plan as a way to narrow the racial wealth gap and help borrowers of color.

'By creating and implementing a federal program with an improper racial motive, Defendants violated the Constitution’s guarantee of equal protection of the laws, which among other things, prohibits federal spending based on race,' reads the complaint.

Biden announced his plan to cancel federal student debt in August. It includes forgiving up to $10,000 for borrowers earning less than $125,000, or up to $20,000 for those who have Pell Grant loans, which are typically given to people in financial need. 

The Department of Education estimates it will cost $305 billion over the next decade, because of reduced cash paid to the government.