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Home Compliance

Second Group of Republican AGs File Suit to Block SAVE Student Loan Program

mikegibb by mikegibb
April 10, 2024
in Compliance, Student Loans
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A second group of Republican state Attorneys General yesterday announced they had filed a lawsuit against President Biden and the federal government seeking to block the enactment of its income-driven repayment program called Saving on a Valuable Education (SAVE).

The Attorneys General of Missouri, Arkansas, Florida, Georgia, North Dakota, and Oklahoma are the plaintiffs in the suit, and accuse the government of side-stepping getting Congressional approval for this proposal.

The lawsuit accuses the Biden administration of spending $475 billion on the SAVE Plan by trying to “sidestep” the Constitution.

This is the second lawsuit filed by Republican Attorneys General seeking to block the enactment of the SAVE Program. Under the plan, individuals who are making less than $15 per hour will not have to make any payments on their student loans and those making more than that will save more than $1,000 per year compared to other income-driven repayment programs, according to the Department of Education.

“With the stroke of his pen, Joe Biden is attempting to saddle working Missourians with a half trillion dollars in college debt. The United States Constitution makes clear that the President lacks the authority to unilaterally ‘cancel’ student loan debt for millions of Americans without express permission from Congress,” said Missouri Attorney General Andrew Bailey. “The President does not get to thwart the Constitution when it suits his political agenda. I’m filing suit to halt his brazen attempt to curry favor with some citizens by forcing others to shoulder their debts. The Constitution will continue to mean something as long as I’m Attorney General.”

The Attorney General of Missouri has also threatened to sue the administration over the latest student loan debt forgiveness proposal that was announced earlier this week by President Biden.

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Tags: Biden v. NebraskaSaving on a Valuable Education (SAVE)Student Loan Debt Relief
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