S.C. asks top court to block Biden student loan repayment plan

Published: Jul. 5, 2024 at 6:26 PM EDT
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COLUMBIA, S.C. (WRDW/WAGT) - South Carolina Attorney General Alan Wilson on Friday filed an emergency application with the U.S. Supreme Court to halt the SAVE student loan repayment plan.

“The Supreme Court already ruled in another case that the Biden istration doesn’t have the authority to waive hundreds of billions of student loan repayments,” Wilson said. “But President Biden is trying to go around that and do it anyway. This is classic grandstanding by the President of the United States. It would mean all taxpayers will be saddled with paying off billions of dollars of these students’ debts.”

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Wilson said a federal district court had previously granted a preliminary injunction to put the plan on hold, but the U.S. Department of Education filed for a stay of that injunction so the repayment plan could take effect.

The 10th Circuit granted that stay, so South Carolina, Texas and Alaska are asking the Supreme Court to stop the loan repayment plan.

Wilson said the Supreme Court ruled in the case of Nebraska v. Biden that the president does not have the legal authority to cancel college student loan repayments; only Congress has that authority.

You can read the emergency application here.