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Conservative Groups Sue to Block Biden's Student Loan Forgiveness Plans

  • Two conservative groups filed lawsuits challenging the legality of Biden's student loan forgiveness plans.
  • One lawsuit targets the income-driven repayment adjustment, which would forgive loans for over 800,000 borrowers.
  • Another lawsuit challenges the revised borrower defense rules, which make it easier for defrauded borrowers to get relief.
  • The Biden administration argues the forgiveness plans are necessary and criticize the lawsuits as attempts to keep borrowers in debt.
  • Federal courts have temporarily blocked the new plans pending further legal proceedings.
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