Breaking News: Conservative lawyers want a judge to block Biden's student loan forgiveness. Here's what to know
, was filed in the U.S. District Court for the Southern District of Indiana on Tuesday.The lawsuit’s plaintiff is Frank Garrison, a Pacific Legal Foundation attorney in Indiana who received a Pell Grant to attend college and qualifies for $20,000 in debt forgiveness under Biden’s plan because he makes less than $125,000 per year, according to the complaint.
But under Biden’s new plan, about eight million borrowers who qualify for debt forgiveness and whose financial information is already on file with the Department of Education, including Garrison, will have forgiveness automatically applied to their accounts beginning in October. “Frank will be stuck with a tax bill that makes him financially worse off than continuing with his repayment program under PSLF,” the Pacific Legal FoundationWill this delay student loan forgiveness?
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