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U.S. Rep. Ilhan Omar, a Democrat from Minnesota, calls on the U.S. Education Department to cut ties with Missouri student loan servicer MOHELA on Wednesday, May 22, 2024, outside the U.S. Capitol.
The Supreme Court’s ruling against Biden’s previous plan relied on harm done to the Missouri Higher Education Loan Authority or MOHELA, a quasi-governmental group that helps support Missouri ...
Along with the harm to MOHELA, the lawsuit alleges that Biden’s plan makes it harder for states to hire and retain employees. ... that it undermines the Public Service Loan Forgiveness program ...
MOHELA was accused of being involved in six state attorneys' general lawsuit against the loan forgiveness program, which MOHELA executives denied. The Supreme Court ultimately decided that it could sue on behalf of MOHELA in Biden v. Nebraska, citing Arkansas v. Texas (1953) and Lebron v. National Railroad Passenger Corp. (1995)
Biden v. Nebraska, 600 U.S. 477 (2023), was a United States Supreme Court case related to the forgiveness of federal student loans by the Biden administration in 2022, challenged by multiple states. The Supreme Court's ruling was issued on June 30, 2023, ruling 6–3 that the Secretary of Education did not have the power to waive student loans ...
The Supreme Court is set to hear oral arguments on Tuesday over President Biden’s student loan debt relief plan, which aims to wipe away up to $20,000 of student debt for more than 40 million ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]
Nebraska, the DOJ argues that the state of Missouri lacks standing to sue based on potential harm the forgiveness program may bring to the Missouri Higher Education Loan Authority (MOHELA), a loan ...