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Wednesday, November 13, 2024

Georgia State AG Chris Carr: We 'shut down' Biden's latest student loan relief 'scheme'

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Attorney General Chris Carr | Georgia.gov

Attorney General Chris Carr | Georgia.gov

Georgia's Attorney General Chris Carr said that they "uncovered" the Biden administration's third attempt to "unlawfully" cancel student loans, noting that the Supreme Court had "ruled against" it twice and Georgia quickly "filed suit" to stop it. Carr made his statement in a September 6 post on X.

"We uncovered the Biden-Harris administration's third attempt to unlawfully mass cancel hundreds of billions of dollars of student loans beginning as early as 9/3," said General Chris Carr. "SCOTUS already ruled against them - twice. We immediately filed suit here in GA & shut down their latest scheme."

According to Reuters, the U.S. Supreme Court has declined to reinstate President Biden's student debt relief plan, siding with Republican-led states that oppose it. This decision upholds a lower court ruling that halted the plan, which aimed to reduce payments and expedite loan forgiveness for many borrowers. Despite the Supreme Court's previous rejection of a broader debt cancellation plan in June 2023, the Biden administration remains committed to offering relief where possible.


Attorney General Chris Carr x post | x

The Biden-Harris Administration's proposed regulations aim to provide debt relief to federal student loan borrowers under certain conditions. The relief targets borrowers who owe more than they did at the start of repayment, those who have been in repayment for long periods, individuals eligible for forgiveness but have not yet applied, and those who attended institutions that failed to meet financial value standards, according to the U.S. Department of Education.

Carr was appointed as Georgia's attorney general by then-Governor Nathan Deal in 2016 and was re-elected in November 2022. Since taking office, he has focused on addressing issues such as human trafficking, gang activity, and opioid misuse. His initiatives include establishing the state's first Human Trafficking Prosecution Unit and Gang Prosecution Unit. Additionally, Carr previously served as commissioner of the Georgia Department of Economic Development, during which Georgia was recognized as the top state for business with substantial investment and job creation, according to the Office of the Attorney General.

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