Comment on A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers

A major student-loan company is once again at the center of a lawsuit blocking debt cancellation for millions of borrowers

Student-loan company MOHELA plays a key role in the latest lawsuit to block Biden's broader student-loan forgiveness plan.Getty ImagesA federal judge temporarily blocked Biden's second try at broader student-loan forgiveness.Student-loan company MOHELA played a central role in the GOP-led states' argument to block the relief.The states argued that MOHELA — and therefore the state of Missouri — would suffer revenue loss should the debt cancellation go through.tweaked 3rd bullet to include missouriLarry, 60, has been hopeful for student-loan forgiveness.After graduating with bachelor's and master's degrees in the late 1980s, Larry — who requested his last name be withheld for privacy — worked in education.

 

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