Show-Me State Times

JEFFERSON CITY, Mo. – Today, Missouri Attorney General Andrew Bailey made a significant announcement regarding a legal challenge against President Biden's latest student loan plan. Speaking on the matter, Attorney General Bailey stated, "I’m extremely pleased to see Kansas is leading a multi-state coalition in challenging President Biden’s latest attempt to unlawfully transfer hundreds of thousands of dollars in Ivy League debt onto working Missouri families. I’m pleased to share that my office is also leading a multi-state coalition and will be filing suit in Missouri in the coming days. Between our two coalitions of states, we will get this matter in front of a judge even more quickly to deliver a win for the American people. The Supreme Court sided with Missouri on this matter the first time. I look forward to bringing home yet another win for the Constitution and the rule of law."

Echoing this sentiment, Arkansas Attorney General Tim Griffin added, "Arkansas was part of the original coalition that sued the Biden administration over its first unlawful debt-cancellation plan. President Biden has already lost on this question once, and he is refusing to follow the law. The Supreme Court could not have been clearer: President Biden cannot unilaterally cancel student debt and force taxpayers to bear the multi-billion-dollar cost."

The United States Supreme Court had previously ruled in favor of Attorney General Bailey's challenge to the Biden Administration's student loan plan, which was deemed unconstitutional due to its significant impact on the federal budget without congressional authority. The Court's 6-3 decision highlighted the unlawfulness of the wealth transfer of student loan debt and granted states standing to challenge the plan, recognizing Missouri's student loan servicing company, MOHELA, as an arm of the state government.