Group sues to block Biden's student loan forgiveness plan
WIBC 9AM-Noon Podcast
WIBC
4.6 • 1.2K Ratings
🗓️ 28 September 2022
⏱️ 6 minutes
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| 0:00.0 | The Pacific Legal Foundation has filed a lawsuit against the Department of Education. |
| 0:09.2 | This is over the new student loan cancellation policy, and they became the first organization |
| 0:14.0 | to challenge the Biden administration's move to transfer student debt. |
| 0:19.6 | The federal lawsuit was filed in the U.S. District Court of the Southern District of Indiana. |
| 0:25.5 | It contends that the Biden's decision to cancel student loan debt for some borrowers is illegal, |
| 0:32.2 | because Congress holds the power of the purse and did not approve this. |
| 0:37.6 | And this is the, because we had been saying for a while, like, what is everyone waiting |
| 0:41.2 | on to file lawsuits on this thing? |
| 0:43.5 | The Biden administration is starting to craft the rules on this. |
| 0:45.9 | They were, you know, it could be as early as October that people are going to be able |
| 0:48.4 | to start applying for this. |
| 0:49.4 | What is everybody waiting on? |
| 0:50.7 | And this is a problem. |
| 0:51.7 | No offense if you're in attorney. |
| 0:52.8 | Yes, we all know Abdul is one of my best friends in the entire world and he's an attorney. |
| 0:56.5 | But this is the problem with living in a world that is run by attorneys. |
| 1:00.9 | Is you can't, you have to be very meticulous in how you go about filing these things |
| 1:07.4 | because it turns into legal mumbo jumbo the moment it's filed. |
| 1:11.7 | And the biggest problem was finding someone who had the proper standing in which to file |
| 1:19.6 | because you have to be certain of harm. |
| 1:23.5 | And I ran into this when the, when lockdown McGee shut down the state because I had talked |
| 1:29.7 | to several very prominent attorneys about suing the state of Indiana based on saying, |
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