Republican attorneys general and corporate advocacy groups are exploring ways to sue the Biden administration over its newly announced plan to cancel $10,000 in federal student loan debt for most borrowers, hoping the conservative-packed U.S. judiciary will strike down the executive action and deny badly needed relief to around 40 million people.
Shortly after President Joe Biden announced his debt forgiveness plan, the Job Creators Network—a dark money organization representing business groups and executives—declared that it is "weighing its legal options to block President Biden's illegal student loan bailout," calling the move "executive overreach."
