Libertarian Group Sues To Block Biden's Student Debt Forgiveness Plan

Libertarian Group Sues To Block Biden's Student Debt Forgiveness Plan

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Social Studies, Business

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A legal challenge has been raised against student loan forgiveness, with a libertarian group in California suing on behalf of an Indiana resident. The lawsuit claims that loan forgiveness will result in taxable income in Indiana. Biden's plan aims to forgive up to $20,000 in student loan debt for eligible federal borrowers, potentially benefiting over 40 million people. Despite the lawsuit, the plan is considered legally sound.

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