SC temporarily blocks Biden student loan forgiveness plan
(WPDE) — A Federal Court granted South Carolina’s request to temporarily block President Biden’s student loan forgiveness plan, Attorney General Alan Wilson announced Tuesday.
The U.S. District Court for the District of Kansas issued a preliminary injunction Monday afternoon in a lawsuit filed by South Carolina, Alaska, and Texas.
Biden’s program would forgive some college student loans while providing a faster path to cancellation and lower monthly payments for millions of borrowers.
Attorney General Wilson said, “This is a huge win for South Carolina as a judge ruled with us in the fight against the Biden administration’s illegal student loan forgiveness! In response to our lawsuit challenging the SAVE student loan repayment plan, a court entered an order that forbids implementing the parts that were scheduled to take effect on July 1, 2024. Many families are feeling the daily effects of inflation, and I will continue fighting to ensure others’ student loan payments aren’t put on the backs of taxpayers.”
You can read the Preliminary Injunction here:
SC Preliminary Injunction for Biden Loan Forgiveness Program
The Memo and Order granting the injunction can be read below:
Memo and Order granting the injunction