TBA Law Blog


Posted by: Julia Wilburn on Oct 8, 2024

A federal judge has ruled that Georgia failed to show it would be harmed by the Biden administration's plan to forgive $73 billion in student loan debt held by millions of Americans. "There is no indication that the rule is being implemented to attack the states or their income taxes, so any loss of ... tax revenue is incidental and insufficient to create standing for Georgia," U.S. District Judge J. Randal Hall wrote. The ruling removes Georgia from a lawsuit challenging the forgiveness plan and moves litigation to federal court in Missouri, one of the other seven states that is suing. Reuters reports that the states have asked the Missouri judge to rule on whether to continue blocking the proposal.