Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.

Two conservative groups are asking a federal court to block the Biden administration’s plan to cancel $39 billion in student loans for more than 800,000 borrowers.

  • MicroWave@lemmy.worldOP
    62·
    1 year ago

    The Education Department called the suit “a desperate attempt from right wing special interests to keep hundreds of thousands of borrowers in debt.”

    “We are not going to back down or give an inch when it comes to defending working families,” the department said in a statement.

    • hydrospanner@lemmy.world
      183·
      1 year ago

      Do they even realize that lots and lots of working families are provided for by people who, spoiler alert, are student loan borrowers?

      • treefrog@lemm.ee
        241·
        1 year ago

        Yes. That’s the point.

        If working families get out of poverty they have to be paid more when you want to exploit their labor.