Cato Institute sues Education Department over student loan cancellation
Natalie Prieb and Alex Gangitano
October 18, 2022
Libertarian think tank the Cato Institute on Tuesday sued the Department of Education over the Biden administration’s plan to cancel some student loan debt.
“Forcing taxpayers to pick up the tab for other people’s college loans is bad policy, but in the case of President Biden’s order, it is also illegal, because neither President Biden nor the Department of Education has the power to cancel student loans without congressional authorization,” Cato Institute President and CEO Peter Goettler said.
The organization filed the suit in a Kansas federal court and is represented by the New Civil Liberties Alliance, a group that assists in cases “protecting civil liberties from unlawful administrative power,” according to the Cato Institute.