Which is more or less what happened the last time Biden tried to forgive student loans. Eventually Missouri was found to have standing, and all his efforts were thrown out.
Aside from a nagging feeling that it was known this was going to happen, and this was all for political talking points, I wanted to info dump.
A few tidbits from that prior lawsuit:
- MOHELA supported loan forgiveness, although I can’t recall why. (I think it was about simplifying administration in the face of a bunch of loans that had already paid for themselves in terms of the interest collected. At this point the cost to maintain the loan on their books and or chase accounts they can’t write off is more expensive than attempting to recover the loan.)
- MOHELA refused to be a plaintiff, and it was the state of Missouri claiming standing.
- The state of Missouri only had standing due to a voluntary agreement where MOHELA would pay a certain percentage of revenue back to the state of Missouri - something it had not done for nearly a decade. Missouri’s standing was merely technical, and more or less un-realized.
- Yet it still was used to fuck over millions of people, because Misery loves company.
“In this here melting pot, we burn away all our differences until we’re left with only the pure white flame of Christian nationalism.”
I had to put the statement in quotes because while being hyperbole, it’s not too far from how some people think, and I don’t want to be confused with those folks.