3min chapter

5-4 cover image

Biden v. Nebraska

5-4

CHAPTER

The Court Throws Out the Challengers to Biden's Loan Forgiveness Plan

A handful of individuals sued because they did not receive loan forgiveness. The court tossed their suit out saying that was not enough to establish standing. Missouri claims it's injured by Biden's plan in a very roundabout way. It says if the debt is forgiven, its state loan authority will generate less revenue.

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