A coalition of states has filed a legal challenge to President Joe Biden’s latest executive effort to forgive a portion of Americans’ student loan debt.
The lawsuit comes after Biden on Monday announced the plan, which the states in question say is an overreach of executive authority. The White House claims that Biden has so far canceled at least some of the debt for 4 million Americans, totalling $146 billion so far.
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In yet another move circumventing the Supreme Court on the question of student loan debt, Joe Biden announced the cancellation of approximately $1.2 billion in student loan debt for about 153,000 borrowers.
As reported by ABC News, the Biden Administration made the cancellation official on Wednesday, including a draft email that will be sent to all of the borrowers in question. The email will read, in part: “Congratulations — all or a portion of your federal student loans will be forgiven because you qualify for early loan forgiveness under my Administration’s SAVE Plan.”
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