The Biden administration said in a new court filing Thursday that it will ask the Supreme Court to lift an injunction and allow a major student loan debt relief program to resume.
that will make it easier for those struggling with their student debt to discharge it in bankruptcy.
Standing refers to the idea that a a person or entity will be affected by the action they seek to challenge in court.A three-judge panel on the 8th Circuit then ruled Monday that Missouri had shown a likely injury from the administration's program, pointing out that a major loan servicer headquartered in the state, the Missouri Higher Education Loan Authority, or MOHELA, would lose revenue under the plan. Missouri's state treasury department receives money from MOHELA.
"We believe strongly that the Biden-Harris Student Debt Relief Plan is lawful and necessary to give borrowers and working families breathing room as they recover from the pandemic and to ensure they succeed when repayment restarts," Education Secretary Miguel Cardona said in a statement.A top official at the U.S.
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