Headline RoundupApril 1st, 2024

Student Loan Forgiveness Lawsuit Filed by 11 States

Summary from the AllSides News Team

This week, 11 states filed a lawsuit against President Joe Biden's $156 billion Saving on a Valuable Education Plan (SAVE), asking to be repaid for the student loan forgiveness.

Key Details: The states are Alabama, Alaska, Idaho, Iowa, Kansas, Louisiana, Montana, Nebraska, South Carolina, Texas and Utah. These states either fully or partially backed former President Donald Trump in the 2020 presidential race.

Key Quote: “Last time defendants tried this the Supreme Court said that this action was illegal,” reads a portion of the suit from Kansas and 10 other states. “Nothing since then has changed, other than introducing more legal errors into this rule’s underlying analysis.”

For Context: Last June, the Supreme Court ruled that President Joe Biden did not have the authority to authorize his larger student loan forgiveness program in a 6-3 vote, with all three liberal justices dissenting. Since then, Biden has announced the cancellation of $144 billion in student debt write-offs and created a program to lower future payments.

How the Media Covered it: The Washington Examiner (Lean Right bias) noted that some Republicans see SAVE as a net wealth transfer from people who didn't go to college to people who did, and noted the lawsuit might jeopardize Biden's campaign promise to forgive student loans. CNN (Lean Left bias) noted that the Biden campaign sees student loan forgiveness as a winning issue in the November election.

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