A group of Republican-led states has filed a federal lawsuit against the Biden administration to block the implementation of the SAVE Plan, a new student loan repayment program. The plan aims to provide a faster path to loan cancellation and lower monthly payments for millions of borrowers.
The lawsuit, led by 11 states including Kansas, argues that President Biden exceeded his authority in creating the SAVE Plan. It contends that the plan is similar to Biden's previous attempt at student loan cancellation, which was deemed illegal by the Supreme Court last year.
