The case to block Biden's student-loan forgiveness keeps getting weaker, legal experts say
The nation's highest court is just over a month away from hearing cases challenging President Joe Biden's student-loan forgiveness — and some experts think the challengers shouldn't be too confident., the Supreme Court will take on two lawsuits that have slammed the brakes on Biden's plan to cancel up to $20,000 in student debt for federal borrowers.
by over a dozen legal experts, advocates, and scholars recently filed to the Supreme Court supported the Justice Department's arguments and elaborated on the standing, or lack thereof, the plaintiffs have., filed by the UC Berkeley Center for Consumer Law and Economic Justice on behalf of Missouri consumer advocates, highlighted how MOHELA actually owes some debt of its own.
But the 2008 financial crisis hit, and MOHELA received government approval to delay those payments again, and again, and again. The company has since received an extension on making those payments until 2024, and David Nahmias, a staff attorney with the UC Berkeley Center, told Insider that it"goes down to the question of the states' theory of harm being too speculative."
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