Republican-Led States Sue Biden Administration Over Student Debt Forgiveness Plan

Seven Republican-led states filed a lawsuit against President Biden's new student debt forgiveness plan, shortly after the U.S. Supreme Court blocked a previous proposal. The previous plan aimed to reduce monthly payments and expedite loan forgiveness.

Seven Republican-led states on Tuesday filed a lawsuit to challenge President Joe Biden's administration's latest student debt forgiveness plan.

The lawsuit came less than a week after the U.S. Supreme Court rejected the Biden administration's bid to revive a different student debt relief plan designed to lower monthly payments for millions and speed up loan forgiveness for some.

(With inputs from agencies.)