President Joe Biden speaks about student loan debt relief at Delaware State University. (AP Photo/Evan Vucci)
The Biden administration's plans to cancel student loan debt continue to pile up – and so do lawsuits attempting to stop them.
Eighteen Republican-led states have joined one of two lawsuits challenging the administration's Saving on a Valuable Education (SAVE) plan. Under the plan, borrowers who originally took out $12,000 or less in loans and have been in repayment for 10 years are eligible to have their remaining debt canceled. The SAVE plan also would forgive debt for borrowers in public service for 10 years who have made 120 months of qualifying payments.
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