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The state of Missouri argued that it would be damaged by the debt forgiveness through loss of revenue to the Missouri HigherEducation Loan Authority (MOHELA), a quasi-state loan servicer. Justice Ketanji Brown Jackson expressed doubt that that would ever happen, and Justice Sonia Sotomayor called the position “so totally illogical.”
Academia Next: The Futures of HigherEducation. Diploma Mills: How For-profit Colleges Stiffed Students, Taxpayers, and the American Dream. Johns Hopkins University Press. : A Former United States Secretary of Education and a Liberal Arts Graduate Expose the Broken Promise of HigherEducation. and Best, E.
The state had argued that the Missouri HigherEducation Loan Authority (MOHELA), a non-profit government corporation, would suffer decreased revenues and be unable to make mandatory payments into a state fund. But when it kicks in, the Secretary can take exceptional measures.”
As expected, the hearing focused on whether federal statute allows the Biden administration to forgive student loans, whether the plaintiffs have standing to challenge the plan and whether the justices should apply a stricter standard in their review of the two lawsuits before the court.
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