Conservative groups sue to stop Biden's $39 billion student loan cancellation.

– Two conservative groups have filed a lawsuit in federal court to block the Biden administration's plan to cancel $39 billion in student loans for over 800,000 borrowers. – 

– The lawsuit was filed in Michigan and argues that the administration exceeded its authority in announcing the loan forgiveness just weeks after the Supreme Court rejected a broader cancellation plan proposed by President Joe Biden. – 

– The lawsuit seeks a ruling that deems the cancellation illegal and a halt to the Education Department's implementation of the forgiveness while the case is being decided. – 

– The lawsuit was filed by the New Civil Liberties Alliance on behalf of the Mackinac Center for Public Policy and the Cato Institute. – 

– The Education Department has labeled the lawsuit as a "desperate attempt from right-wing special interests" and remains committed to defending working families. – 

– This legal challenge is part of a series of actions taken by Republicans against the Biden administration's initiatives to reduce or eliminate student debt for American citizens. – 

– President Biden has indicated he will pursue an alternative cancellation plan after the Supreme Court ruling. Additionally, the administration is introducing a more generous repayment plan that opponents criticize as an indirect approach to cancellation. – 

– The legal action argues that Biden's plan is illegal since it wasn't authorized by Congress and bypassed the federal rulemaking process, which involves public feedback. –