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Supreme Court kills off student loan forgiveness

2 years 2 months ago
Another day, another Supreme Court opinion. In yet another unsurprising decision, the conservative majority ruled today that President Biden's student loan forgiveness program violates the law. The key argument is about the meaning of the president's authority under the HEROES Act to "waive or modify" the student loan program: The Secretary’s plan has “modified” the ...continue reading "Supreme Court kills off student loan forgiveness"
Kevin Drum

Missouri company plays central role in downfall of Biden loan forgiveness program

2 years 2 months ago

At the center of the U.S. Supreme Court decision striking down Joe Biden’s student loan forgiveness program on Friday was a little-known Missouri nonprofit that goes by MOHELA. Based in St. Louis, the Missouri Higher Education Loan Authority is a quasi-governmental entity created by state lawmakers in 1981 to service student loans. And when former […]

The post Missouri company plays central role in downfall of Biden loan forgiveness program appeared first on Missouri Independent.

Annelise Hanshaw

Supreme Court reveals decision on student loan forgiveness

2 years 2 months ago
A sharply divided Supreme Court on Friday effectively killed President Joe Biden’s $400 billion plan to cancel or reduce federal student loan debts for millions of Americans. The 6-3 decision, with conservative justices in the majority, said the Biden administration overstepped its authority with the plan, and it leaves borrowers on the hook for repayments that are expected to resume in the fall. Biden was to announce a new set of actions to protect student loan borrowers and would address…
TEGNA

Sk8Liborius Fire 'Destroyed' Nearby Urban Farm

2 years 2 months ago
Several hours after a four-alarm fire decimated Sk8Liborius, Antajuan Adams was still mourning on the sidewalk.  The blaze started late Wednesday night and had engulfed Sk8Liborius by Thursday morning, decimating the skate park housed in a former Catholic church.
Monica Obradovic