Devices modified by Israel at production, Lebanon security sources say
world11 hours ago
Seven Republican-led states filed a lawsuit on Tuesday to challenge President Joe Biden's administration's latest student debt forgiveness plan, saying the US Department of Education was taking steps to start cancelling loans as soon as this week.
The lawsuit came less than a week after the US Supreme Court rejected the Biden administration's bid to revive a different student debt relief plan that was designed to lower monthly payments for millions of borrowers and speed up loan forgiveness for some.
In a lawsuit filed in federal court in Brunswick, Georgia, state attorneys general took aim at a rule the Education Department proposed in April that would provide for a waiver of federal student loan debts for an estimated 27.6 million borrowers.
Attorneys-general from states including Georgia and Missouri say they recently obtained documents showing the Education Department has instructed federal loan servicers to begin cancelling hundreds of billions of dollars of loans as early as either Tuesday or Saturday before the rule was finalised.
That could lead to the overnight cancellation of at least $73 billion in loans, the lawsuit said, and billions in further debt relief could follow. The states argue the Education Department has no authority to carry out such debt forgiveness.
"We successfully halted their first two illegal student loan cancellation schemes; I have no doubt we will secure yet another win to block the third one," Missouri Attorney-General Andrew Bailey said in a statement.
An Education Department spokesperson declined to comment on the case but stressed it "will continue to fight for borrowers across the country who are struggling to repay their federal student loans." The department under Biden has already approved $169 billion in debt relief for nearly 4.8 million people.
The lawsuit is the latest legal challenge to the Democratic president's efforts to fulfil a campaign pledge and bring debt relief to millions of Americans who turned to federal student loans to fund their costly higher education.
Republican-led states successfully convinced the 6-3 conservative majority US Supreme Court in June 2023 to block a $430 billion programme championed by Biden that would have cancelled up to $20,000 in debt per borrower for up to 43 million Americans.
The administration then pursued a different programme dubbed the Saving on a Valuable Education, or SAVE, plan, that was designed to lower monthly payments for millions of borrowers and speed up loan forgiveness for some.
But Republican-led states convinced a federal appeals court to block that plan while litigation over it continues to play out. The Supreme Court on August 28 declined to lift that injunction.
The latest plan relies on a different statute than those, a provision of the Higher Education Act that several leading Democrats including US Senate Majority Leader Chuck Schumer and Senator Elizabeth Warren have long argued provides the administration authority to cancel student debt.
Devices modified by Israel at production, Lebanon security sources say
world11 hours ago
Top US diplomat is visiting Egypt hoping to advance efforts to achieve a ceasefire in Gaza and strengthen ties with Cairo
world11 hours ago
A UNRWA official said the Israeli government is also 'increasingly phasing out representation from those engaged in reporting on the atrocities'
world16 hours ago
Of the 2.8 million private cars registered in the Scandinavian country, 754,303 are all-electric, compared to 753,905 that run on petrol
world1 day ago
Months of behind-the-scenes negotiations mediated by Qatar, Egypt and the United States have failed to halt the fighting between Hamas and Israel, apart from a one-week truce beginning in late November
world1 day ago
Modi's government has frequently deployed bulldozers and earthmovers to flatten property owned by those facing trial, saying it targets illegal construction and is a firm response to criminal activity
world1 day ago
If approved, Oxford Street would join other major shopping hubs such as Times Square in New York and La Rambla in Barcelona that have gone fully traffic-free
world1 day ago