Missouri's student loan corporation could help doom Biden's debt relief plan

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 86%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Missouri Higher Education Loan Authority's role in servicing student loans is key to the state's argument that it has legal standing to challenge Biden's debt relief plan.

Larry French / Getty Images for We, The 45 MillWASHINGTON — Ellen Weber could shave off some of the more than $100,000 she owes in student loans if President Joe Biden's debt relief plan was to ever take effect, but Republican officials in her home state of Missouri have worked hard to make sure that won't happen.

The justices will analyze two different legal challenges to Biden's plan, one of which involves Missouri. And part of the case will hinge on whether the state of Missouri, driven by Republican officials, has standing to challenge Biden's proposal, given MOHELA's role in servicing student loan debt and what it argues it would lose if loans are forgiven.

The payments she has made have not made a dent in the principal she owes, meaning her total debt is more now than it was a decade ago.Ellen Weber with her daughter, Lillian Weber-Santaularia.Most experts believe that if the Supreme Court finds that at least one of the challengers has standing ,“Standing is crucial,” said Ilya Somin, a professor at George Mason University’s Antonin Scalia Law School.

In any civil case, plaintiffs have to show they have standing by persuading the judge not only that they have been injured by the defendant’s actions but also that a favorable court ruling would redress that injury.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Follow the money. Who is funding these lawsuits and who has the most to lose if Biden’s debt relief goes through.

Filed under: Kill the Messenger

Yeah, win an election by misappropriating taxpayer money to pay off other’s debts.

Lol, legal standing? Where is the legal standing for taxpayers to pay off student debt? I'll wait. There is none.

. GOP Solutions: When a company declares bankruptcy, they can escape their debts. But when a student declares bankruptcy, they can't discharge their student loan debt. Typical fascists. .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Missouri Citizen Sentenced to 5 Years of Probation After Shooting a Bitcoin ATM: ReportA law enforcement officer will monitor Klinger's actions for five years after the latter destroyed a BTC ATM in Jefferson City.
Source: Crypto_Potato - 🏆 568. / 51 Read more »