Joe Biden's administration is facing two separate lawsuits from Republicans over plans to reduce student loan debt across the country.The president's major plans to reduce and cancel federal student loan debts has irked Republicans, and two groups of GOP-led states are now taking legal action against both him and the Education Department.Combined, 18 states have joined one of two lawsuits challenging the Saving on a Valuable Education plan launched by the president in 2023.
The second lawsuit has been filed by Missouri attorney general Andrew Bailey in conjunction with Arkansas, Florida, Georgia, North Dakota, Ohio and Oklahoma. It makes a similar case to the first lawsuit, but also argues that Missouri-based student loan contractor MOHELA stands to face an 'imminent loss of revenue' thanks to Biden's plans.