All posts tagged "Student Debt"

Recently leaked emails contain Missouri Higher Education Loan Authority (Mohela) staffers' questions on why the student loan service provider is targeted in the state's GOP-led lawsuit challenging President Joe Biden's student debt forgiveness proposal, The Guardian reports.

Per The Guardian, Mohela "is at the center of the challenge by the GOP-led states, claiming the loan service provider would lose revenue and face negative impacts over its financial obligations to Missouri. Consumer advocates, meanwhile, have pointed out that Mohela stands to gain revenue from Biden's cancellation plan."

The emails, released by the Student Borrower Protection Center, according to the news outlet, echo United States Supreme Court justices' questions regarding "why Mohela did not bring its own legal challenges to Biden's debt cancellation plan and how the Republican-led states could claim harm on their behalf."...

If you want closed case evidence on how conservatism is mostly about sadism and mean-spiritedness, look no further than how general wingnuttery views young people. Student debt and high unemployment are major problems for the Millennials. You would think that conservatives could muster sympathy in this case, because a) the people suffering could be their own kids and grandkids and b) these are people who are working hard, studying hard, and still getting screwed. But no. Instead you get folks like the evil monster Rep. Virginia Foxx of North Carolina, saying this about the student debt crisis: