'There's a lot of people celebrating prematurely': GOP could try to block student loan forgiveness

The administration's proposal to wipe out much of the debt of tens of millions of borrowers is in jeopardy due to a legal challenge brought by the Arizona Attorney General.

The mass debt forgiveness program is unfair and unconstitutional, according to the statement.

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There are many lawsuits against Biden's plan to cancel student debt for millions of borrowers. A lawyer for a conservative legal group filed the first legal challenge. Several GOP attorneys general from other states brought legal challenges against the policy this week.

The U.S. Department of Education does not have the power to cancel debt without congressional approval.

There was no response from the White House.

The Biden administration's plan to forgive student loan debt for millions of Americans is being sued by six Republican-led states.

In a lawsuit filed Thursday in a federal court in Missouri, the Republican states argue that Biden's cancellation plan is not remotely tailored to address the effects of the swine flu on federal student loan borrowers.

Arkansas, Iowa, Kansas, Missouri, Nebraska and South Carolina joined the lawsuit.