South Carolina Attorney General Alan Wilson has filed an emergency application with the United States Supreme Court to halt the SAVE student loan repayment plan. "The Supreme Court already ruled in another case that the Biden administration doesn’t have the authority to waive hundreds of billions of student loan repayments," said Attorney General Wilson. "But President Biden is trying to go around that and do it anyway. This is classic grandstanding by the President of the United States. It would mean all taxpayers will be saddled with paying off billions of dollars of these students’ debts."
A federal district court had previously granted a preliminary injunction to put the plan on hold, but the U.S. Department of Education filed for a stay of that injunction so the repayment plan could take effect. The 10th Circuit granted that stay, prompting South Carolina, Texas, and Alaska to ask the Supreme Court to stop the loan repayment plan.
The Supreme Court ruled in Nebraska v. Biden that the president does not have the legal authority to cancel college student loan repayments; only Congress holds that authority. However, President Biden remarked in a speech, "The Supreme Court blocked it. They blocked it. But that didn’t stop me." South Carolina, Texas, and Alaska are now urging the Supreme Court to uphold what they see as adherence to the rule of law and constitutional principles.