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Student-loan company just undermined the GOP-led lawsuit that temporarily halted Biden's debt cancel
cancellationOn October 21, the 8th Circuit Court of Appeals placed a temporary stay on Biden's student-loan forgiveness, in response to a lawsuit filed in Missouri by six Republican-led states who argued the debt relief would hurt their states' tax revenues, along with that of Missouri-based student-loan company MOHELA.
Prior to the stay, lawmakers and advocates expressed concerns with MOHELA's potential involvement in the lawsuit, prompting Missouri Rep. Cori Bush to send a letter to the company asking it to clarify its position in the legal challenges.
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On October 28, the Justice Department informed the court that MOHELA responded to Bush and undermined a core argument in the GOP-led case.
"MOHELA's executives were not involved with the decision of the Missouri Attorney General's Office to file for the preliminary injunction in federal court on September 29, 2022," the company wrote in its response.
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https://www.msn.com/en-us/money/careersandeducation/a-major-student-loan-company-just-undermined-the-gop-led-lawsuit-that-temporarily-halted-biden-s-debt-cancellation/ar-AA13ENdR