Missouri AG argues to block Biden administration’s second student loan forgiveness plan
Annelise Hanshaw
June 3, 2024
The lawsuit was filed last month by Missouri Attorney General Andrew Bailey alongside seven other states
A United States District Court judge in St. Louis heard arguments Monday morning on whether the federal government can continue with a student-debt-forgiveness plan due to begin next month.
The lawsuit, filed last month by Missouri Attorney General Andrew Bailey, seeks to block an income-driven repayment plan for borrowers proposed by President Joe Biden’s administration.
Missouri Solicitor General Josh Divine argued in United States District Court for the Eastern District of Missouri Monday morning that the repayment plan, dubbed the SAVE Plan, was never authorized by Congress.
“The defendants have asserted authority to redistribute $500 billion from teachers, farmers, nurses and truckers to those who haven’t paid off their student loans yet,” he said at the conclusion of his argument. “Congress simply did not give the president or the secretary (of education) authority to make a massive, monumental policy.”
