The Shady People Behind The Challenge To Biden's Student Debt Relief Plan
December 24, 2022
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10:05Now PlayingThe Shady People Behind The Challenge To Biden's Student Debt Relief Plan
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as posted by the channelA debt servicer known as the Missouri Higher Education Loan Authority (MOHELA) is at the center of the efforts to stop President Biden's student debt relief. Ana Kasparian and Cenk Uygur discuss on The Young Turks. Watch TYT LIVE on weekdays 68 pm ET.
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"The fate of President Joe Biden’s multibillion-dollar student debt relief plan could hinge on an obscure financial services company just outside of St. Louis.
The Missouri Higher Education Loan Authority, a state-created loan company known as MOHELA, is at the center of a legal challenge from six Republican states trying to stop Biden’s plan to forgive student loan debt for more than 40 million Americans.
The lawsuit, which is set to go before the Supreme Court next year, will decide the future of one of Biden’s biggest and most contentious domestic policy programs. But it’s also shining a spotlight on MOHELA, which has quietly emerged as one of the nation’s largest student loan servicers while deepening its ties to the Education Department over the past decade."
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