A sharply divided Supreme Court has ruled that the Biden administration overstepped its authority in trying to cancel or reduce student loan debts for millions of Americans.
The government was going to pay off the loans. This is why MOHELA publicly said it was all the same to them. Internally they projected increase revenue from forgiveness.
I was under the impression the student loan companies did not care. They were getting paid regardless.
Maybe that is correct. I’m not sure who was giving the money back.
The government was going to pay off the loans. This is why MOHELA publicly said it was all the same to them. Internally they projected increase revenue from forgiveness.
https://truthout.org/articles/report-central-legal-case-against-student-debt-relief-is-fundamentally-false/