Red States Call on Supreme Court to Block Biden’s Student Debt Forgiveness Plan – EVOL

Several Republican-led states have called on the United States Supreme Court to block Democrat President Joe Biden’s plans to wipe the debts of college-educated voters with taxpayer money ahead of the November elections.

The move from red states to block Biden’s new federal initiative aimed at student debt relief is a significant legal confrontation, Courthouse News Service reported.

These states argue that Biden’s debt relief plan, set to commence in August under the Saving on Valuable Education (SAVE) program, bypasses congressional authority and conflicts with past Supreme Court decisions.

The coalition, led by South Carolina, Alaska, and Texas, filed an emergency application on Tuesday.

Their target is the impending launch of the SAVE program, which proposes a new method of calculating student loan payments based on income and family size.

This legal challenge is not the first of its kind.

Last year, a similar Biden proposal aimed at forgiving up to $20,000 per borrower was struck down by the Supreme Court in a 6-3 decision.

The SAVE plan offers potential debt cancellation for loans under $12,000 after a decade of payments, a point of contention for the suing states.

They believe this program could lead to substantial financial loss for

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