The legal challenge , brought forward by the conservative group New Civil Liberties Alliance (NCLA), alleges that the Department of Education violated the U.S. Constitution when it released the plan.
NCLA, on behalf of the Cato Institute and the Mackinac Center for Public Policy, vehemently criticized the plan in a press release announcing the lawsuit on August 4.
Detailing what they believe to be an illegal “scheme,” NCLA explained, “The latest scheme would immediately wipe out $39 billion of student loan debt owed to the U.S. Treasury by more than 800,000 people under the Income-Driven Repayment (IDR) program by crediting non-payments during periods of forbearance as monthly payments.”
The conservative group added, “The plan would cancel even more debt prematurely at taxpayer expense for another 2.8 million IDR borrowers in the future. The Department has no lawful authority to do this.”NCLA […]
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