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Student Loan Forgiveness
A federal judge has ruled that the Biden Administration may move forward with student loan forgiveness!!! 🤩🤩🤩
The development stems from a lawsuit against the aid package brought by seven GOP-led states. The states — Alabama, Arkansas, Florida, Georgia, Missouri, North Dakota and Ohio — said the U.S. Department of Education's new debt cancellation effort is illegal.
However, Hall found that Georgia lacked standing to sue against the relief plan, and could not be the venue for the case.
The judge directed the case to be transferred to Missouri, since the states claim Biden's plan would most harm student loan servicer Mohela, or the Missouri Higher Education Loan Authority.
On Thursday, the Republican-led states asked a federal judge in Missouri to decide if the plan will stay blocked.
However, Hall found that Georgia lacked standing to sue against the relief plan, and could not be the venue for the case.
The judge directed the case to be transferred to Missouri, since the states claim Biden's plan would most harm student loan servicer Mohela, or the Missouri Higher Education Loan Authority.
On Thursday, the Republican-led states asked a federal judge in Missouri to decide if the plan will stay blocked.
Not sure how this harms this loan servicer. Because they want guaranteed benefit from locking in debt for 20+ years? Sounds predatory to me.
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