Small business group files suit over Biden student loan plan

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WASHINGTON (AP) — A small business advocacy group has filed a new lawsuit seeking to block the Biden administration’s efforts to forgive student loan debt for tens of millions of Americans.

The suit, filed Monday by the Job Creators Network Foundation, argues the Biden administration violated federal procedures by failing to seek public input on the program. It also argues the program is arbitrary, benefiting some borrowers, but not others.

It’s one of a handful of lawsuits filed by conservative business groups, attorneys, and Republican lawmakers in recent weeks as the Biden administration tries to push forward with its plan to cancel billions in debt before November’s midterm elections.

RELATED: Oregon warns of scams that play off student loan debt forgiveness

RELATED: Half-million Oregonians could benefit from student loan relief: White House

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