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RARE PHOTOS: Mohela | Vintage Vibes

When Is a Corporation Also New Jersey?

A few thoughts on the oral argument in Galette v. N.J. Transit Corp.

Reason

Is it “Worth It” To Buy Back Student Loans?

I recently had the pleasure misfortune to spend several hours on the phone bouncing back and forth between the Department of Education and my student loan servicer, Mohela. I wish I were being hyperbolic or exaggerating when I say “several hours” but, alas, I am not.

Blogging Away Debt

Education Department Plans To Transfer Some Student Loans Operated By This Servicer By Year's End — Here's What We Know

The Education Department will begin shifting an unspecified number of federal student loans away from MOHELA to other servicers by year's end, according to recent correspondence between Sen. Elizabeth Warren (D-Mass.) and Education Secretary Linda McMahon.

Benzinga

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Reapply Or Wait? Servicer MOHELA Says New IDR Applications May Move Faster — Here's What You Need To Know

The Education Department's loan servicer, MOHELA, is urging federal student-loan holders who filed for an income-driven repayment plan before April 27 to submit a new application, saying the do-over "may expedite processing."

Benzinga

Biden's student loan cancellation free to move forward as court order expires

President Joe Biden’s latest attempt at student loan cancellation is free to move ahead, at least temporarily, after a judge in Georgia sent a legal challenge to Missouri

The Independent UK

Two Federal Courts Rule Against Biden's New Student Loan Forgiveness Plan on the Same Day

Both rulings were by Democratic-appointed judges - a result that bodes ill for the plan's future.

Reason

Federal Court Rules 3 of 11 Plaintiff States Have Standing to Challenge Biden's New Student Loan Forgiveness Program

The decision allows the lawsuit to proceed, albeit with fewer plaintiffs.

Reason

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How the Show Me State Could Show 'Em Again—Bring Missouri Into the Litigation Challenging Biden's New Student Loan Forgiveness Plan [Updated to Note Missouri Has Previously Announced it Will Do What I Urge Here]

This would virtually ensure the case can't be dismissed for lack of standing, thanks to Missouri's precedent-setting Supreme Court victory in Biden v. Nebraska. The Show Me State can once again really show 'em!

Reason

Why Eugene Is Probably Right About MOHELA's Inability To Sue For Libel

As Eugene mentioned yesterday, the Missouri Higher Education Loan Association (MOHELA), has threatened to bring a lawsuit for libel. but New York Times v. Sullivan, among other cases, say the constitution forbids libel suits brought by the government. The Washington Post ran a story about this, and asked me (and…

Reason

Red States File Lawsuit Challenging New Biden Student Loan Forgiveness Plan

There are many parallels between this case and the one the Supreme Court decided in Biden v. Nebraska, invalidating Biden's previous large-scale loan forgiveness plan.

Reason

Missouri Government Agency Threatening to Sue Critic for Libel

But lawsuits for libeling the government do not "have any place in the American system of jurisprudence."

Reason

Sen. Warren Calls For MOHELA Accountability In Student Loan Crisis

Sen. Elizabeth Warren takes action against MOHELA for mishandling student loan repayment post-pandemic pause, raising concerns about future issues.

Top News

Missed payments, inaccurate statements, and long delays: The return of monthly federal student loan bills is going as well as everyone expected

The past few months have been marked by headache after headache for federal student loan borrowers.

Fortune

Fix Student Loan Billing Errors, Group Says

A student loan servicer has caused 'confusion and financial distress' for 2.5 million borrowers, group says.

Kiplinger

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WEKU

Education Department punishes student loan servicer for billing mistakes

The department is withholding payment from loan servicer MOHELA as 2.5 million borrowers didn't receive timely billing statements.

The Independent UK

Biden administration is moving toward a narrower student loan relief targeting groups of borrowers

The Biden administration is moving toward a narrower student loan relief plan that would target specific groups of borrowers rather than a sweeping plan like the one the Supreme Court rejected by the Supreme Court

The Independent UK

I was surprised when some of my student loans were canceled. Yours might be, too

The Supreme Court struck down the Biden administration’s plan to forgive up to $20,000 of student loan debt per borrower, yet loan forgiveness is still possible for those pursuing Public Service Loan Forgiveness or income-driven repayment forgiveness

Salon

Kagan: Debt ruling violates Constitution

"In every respect, the court today exceeds its proper, limited role in our nation’s governance," dissent says

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Tribune News Service

Citing harm to Missouri, Supreme Court kills Biden’s student loan forgiveness

WASHINGTON -- The U.S. Supreme Court on Friday struck down President Joe Biden’s student loan forgiveness program, as a Missouri-created student loan agency helped six conservative-led states dash the hopes of millions of Americans hoping to be relieved of up to $20,000 of their debt.

Salon

"Bombshell" internal docs in SCOTUS case

"Missouri lawsuit is just a partisan hack job aimed at getting the right-wing AG's name in the paper," expert says

The Guardian - US

Missouri student loan provider baffled by inclusion in supreme court debt relief challenge

Emails reveal staff at Missouri Higher Education Loan Authority confused at being centered by lawsuit brought by GOP-led states

The Guardian - US

What’s happening with US student loan relief and the payment pause?

The payment pause on federal student loans will expire 60 days after the supreme court rules on two cases regarding Biden’s relief plan

Reason

New Report on State Standing in Student Loan Case Comes Up A Few Dollars Short

A new report purporting to show that Missouri's arguments for standing in Nebraska v. Biden are based on a lie fails to deliver.

Los Angeles Times

Commentary: Supreme Court conservatives may want to block student loan forgiveness. But they've hit a snag

Oral arguments before the Supreme Court on Tuesday in a much-watched student loan forgiveness case, Biden v. Nebraska, pitted two of the conservative majority's beloved legal doctrines against one another.

Salon

Student debt relief threatened by SCOTUS

Only Barrett and Kavanaugh asked questions that seemed to express any doubt about the plaintiff's case

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