Advocates, legal experts, economists, and scholars are keeping pressure on the nation's highest court to allow President Joe Biden's student-loan forgiveness to reach millions of Americans this year.to the Supreme Court expressing support for Biden's plan to forgive up to $20,000 in student debt for federal borrowers.
"As these diverse groups made clear today, student loan borrowers from all walks of life suffered profound financial harms during the pandemic and their continued recovery and successful repayment hinges on the Biden Administration's student debt relief plan," Cardona said."We will continue to defend our legal authority to provide the debt relief working and middle-class families clearly need and deserve.
A brief filed by UC Berkeley Center for Consumer Law & Economic Justice, on behalf of ArchCity Defenders — a Missouri-based legal advocacy group — and other Missouri consumer advocates, said that"over the years, MOHELA has maintained its autonomy from Missouri, ultimately evolving into a nationwide enterprise with a billion-dollar loan servicing portfolio."