Florida Attorney General Ashley Moody filed a lawsuit Tuesday against President Joe Biden and the Department of Education, joining several other Republican states attempting to block the administration’s student debt cancellation plan. The lawsuit targets the White House’s ‘SAVE Plan,’ which is expected to put taxpayers on the hook for nearly a half trillion dollars of student loan debt over the next ten years.
According to the Wharton School of Business at the University of Pennsylvania, the Biden administration’s student loan forgiveness cost could be as high as $475 billion—a full $45 billion more than its previous plan, which was struck down by the U.S. Supreme Court last year.
“Last year, the Supreme Court struck down Biden’s illegal attempt to force Americans to pay off someone else’s debt. Now, Biden thumbs his nose at the Court like he has done with so many issues, including immigration, and does what he wants, trying again to mass-cancel student debt,” Moody said in a press release issued Tuesday.
“We will fight in court to make sure that hard-working Americans, who are struggling to buy groceries thanks to Biden, are not on the hook for other people’s debt.”
Moody noted that the Supreme Court ruled in favor of the previous challenge to Biden’s debt cancellation plan by a margin of 6 to 3. The Court had found the plan unconstitutional, citing the lack of Congressional approval behind the proposed $430 billion transfer of wealth.
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Several other Republican-led states joined Florida in the lawsuit, including Arkansas, Georgia, Missouri, Ohio and Oklahoma. The attorneys general reference the Biden administration’s previous failed attempt in their filing,
“Just last year, the Supreme Court struck down an attempt by the President to force teachers, truckers, and farmers to pay for the student loan debt of other Americans—to the enormous tune of $430 billion. In striking down that attempt, the Court declared that the President cannot ‘unilaterally alter large sections of the American economy.’ Undeterred, the President is at it again, even bragging that ‘the Supreme Court blocked it. They blocked it. But that didn’t stop me.’”
“Yet again, the President is unilaterally trying to impose an extraordinarily expensive and controversial policy that he could not get through Congress,” The attorneys general wrote. “This latest attempt to sidestep the Constitution is only the most recent instance in a long but troubling pattern of the President relying on innocuous language from decades-old statutes to impose drastic, costly policy changes on the American people without their consent.”
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Last year, SCOTUS struck down @JoeBiden’s illegal attempt to force Americans to pay off someone else’s debt. Now, he thumbs his nose at the court like he has done with so many issues, including immigration, and does what he wants, trying again to mass-cancel student debt.
We’re… pic.twitter.com/UWpOfKmtdW
— AG Ashley Moody (@AGAshleyMoody) April 9, 2024
The lawsuit marks the second major challenge by Republican states to the Biden ‘SAVE’ Plan, following another case filed by Kansas and ten other states.
In a statement published by The Hill, a spokesman for the Department of Education criticized the legal challenges, saying, “This is yet another attempt by Republican elected officials to prevent their own constituents from the student debt relief they earned and are entitled to,”
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