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A lawyer working for a conservative legal group brought the first legal challenge to the plan to cancel up to $20,000 in student debt.

Frank Garrison, an attorney at Pacific Legal Foundation, stated in a complaint that loan cancellation is not lawful or appropriate.

The complaint says that the administration threatens to create a profound and transformational policy that will have untold economic impacts. The administration should stop its actions immediately.

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Finding a person who can prove they have been harmed by the policy is the main obstacle for those hoping to bring a legal challenge.

According to a Harvard law professor, injury is necessary to establish standing.

Garrison believes that he could be hurt by Biden's tax bill. Student debt can be considered tax deductible.

Although borrowers won't be required to pay federal taxes on their canceled student debt, some states may charge levies on the relief Currently, Garrison is pursuing a government program that leads to tax-free debt cancellation, known as public service loan forgiveness, but he says Biden's plan could result in him getting a $1,000 state tax bill.

The development will affect borrowers.

Mark said it wasn't likely.

It will be difficult for Garrison to prove that he will be harmed because he has federal student debt.

The spokesman for the White House said yes.

President Biden announces student loan debt relief plan

The claim is false because no one will be forced to get debt relief. People who don't want debt relief can opt out.

Some courts might be willing to take the case if they want to.

He said that it would be interesting to watch how this case plays out.

I agree.

GOP attorneys general from states such as Arizona, Missouri and Texas, as well as Sen. Ted Cruz, R-Texas, are said to be considering their options when it comes to trying to block loan forgiveness.

I'm afraid that the uncertainty for borrowers is considerable.

If you have student loans, you should apply for forgiveness as soon as possible. The form will be ready by October.

The application process can be updated with signatures by borrowers.

Even if the courts rule against the Biden Administration, you might be able to keep the relief if you get your loans forgiven before a lawsuit.

When the application launches, make sure that your income and loans qualify, and gather records that may be helpful to support your request.