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States File Suit To Block Biden’s Latest Student Debt Forgiveness Plan

President Joe Biden stands with his money as he waits for his ice cream cone at a Baskin-Robbins in Portland, Ore., Saturday, Oct. 15, 2022. (AP Photo/Carolyn Kaster)

A coalition of states has filed a legal challenge to President Joe Biden’s latest executive effort to forgive a portion of Americans’ student loan debt.

The lawsuit comes after Biden on Monday announced the plan, which the states in question say is an overreach of executive authority. The White House claims that Biden has so far canceled at least some of the debt for 4 million Americans, totalling $146 billion so far.

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