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10/21/2022

Biden's Student Loan Forgiveness Plan Survives Two Legal Challenges

Some lawsuits questioning its legality have been filed

A federal judge on Thursday dismissed a Republican-led challenge to President Joe Biden's plan to cancel billions of dollars in student debt, shortly after U.S. Supreme Court Justice Amy Coney Barrett rejected a request in another case to block it.

U.S. District Judge Henry Autrey in St. Louis, Missouri, said that while the six Republican-led states had raised "important and significant challenges to the debt relief plan," they lacked the necessary legal standing to be able to pursue the case.

Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina had alleged Biden's plan skirted congressional authority and threatened the states' future tax revenues and money earned by state entities that invest in or service loans.

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