Search for: "The Higher Education Loan Authority of State of Missouri (MOHELA)"
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12 Jun 2024, 7:20 am
Nebraska, involving the exact same state loan servicer: MOHELA (see pp. 27-31 of Missouri's complaint). [read post]
31 Mar 2024, 7:40 pm
Nebraska, the Supreme Court (and lower courts) ruled that the plaintiffs succeeded in getting standing because the state of Missouri (one of the six state plaintiffs in that case has a state agency – the Higher Education Loan Authority of the State of Missouri (MOHELA)—that services federally backed student loans, and MOHELA's would be reduced if… [read post]
29 Mar 2024, 2:02 pm
Ultimately, the coalition of state governments challenging the plan got standing because one of them (Missouri) had a state agency (MOHELA) that services federally backed student loans, and the agency's income would be reduced if some of those loans were forgiven. [read post]
26 Feb 2024, 10:55 am
The one-time leader in the market plans to transfer millions of student loan borrower accounts to the Missouri Higher Education Loan Authority (MOHELA). [read post]
2 Aug 2023, 8:59 am
According to the Court, the state of Missouri had standing to sue because the plan would cost MOHELA, a nonprofit government corporation created by Missouri to participate in the student loan market, an estimated $44 million a year in fees. [read post]
19 Jul 2023, 9:05 pm
On the threshold question, the Court concluded that Missouri had standing based on an asserted injury to the Missouri Higher Education Loan Authority (MOHELA). [read post]
4 Jul 2023, 9:01 pm
Nebraska, allowed Missouri standing on the ground that under the program a state-chartered entity—the Missouri Higher Education Loan Authority (MOHELA)—would lose money in processing fees that it would otherwise receive.However, as Justice Elena Kagan (for herself and the other two Democratic appointees) observed in dissent, none of the resulting financial loss to MOHELA will be passed on to the… [read post]
4 Jul 2023, 4:01 pm
I have no idea if the Missouri Attorney General can sue on behalf of the Missouri Higher Education Loan Authority (MOHELA). [read post]
30 Jun 2023, 9:31 am
Court of Appeals for the 8th Circuit ruled last year that Missouri has a right to sue because it created and controls the Missouri Higher Education Loan Authority, one of the country’s largest servicers and holders of student loans. [read post]
3 Mar 2023, 6:41 am
At issue is the right of the state to argue the interests of the the Missouri Higher Education Loan Authority (MOHELA) – that services student loans. [read post]
1 Mar 2023, 4:40 am
As just about everybody who has considered the case acknowledges, the state with the strongest claim to have standing is Missouri, where a state-chartered corporation known by the acronym MOHELA earns fees for processing federal student loan payments. [read post]
28 Feb 2023, 6:52 pm
But by far the strongest is that of the state of Missouri, based on the fact that Missouri has a state agency called the Missouri Higher Education Loan Authority (MOHELA), which services federally backed student loans and stands to lose money if some of those loans are forgiven. [read post]
28 Feb 2023, 3:51 pm
The states’ primary argument is that Missouri has standing because it created and controls the Missouri Higher Education Loan Authority, one of the largest holders and servicers of student loans in the United States. [read post]
21 Feb 2023, 6:10 am
Finally, the relationship between MOHELA and the state of Missouri does not establish standing, as another amicus brief argues in detail: MOHELA is an independent entity. [read post]
13 Feb 2023, 3:50 pm
The states’ main argument – and the argument on which the 8th Circuit relied in reinstating their challenge – is that Missouri has standing because it created and controls the Missouri Higher Education Loan Authority, one of the largest holders and servicers of student loans in the United States. [read post]
8 Feb 2023, 11:47 pm
Nebraska, a case brought by six Republican-controlled state government, the state of Missouri overcame this obstacle because it has a state agency— the Missouri Higher Education Loan Authority (MOHELA)—that services student loans, including some that will be at least forgiven by the Biden plan. [read post]
11 Jan 2023, 11:33 am
Applying that principle here, Missouri has no standing to complain about the loan servicing fees that the Missouri Higher Education Loan Authority (MOHELA) might lose. [read post]
1 Dec 2022, 12:59 pm
The states insisted that they have standing to challenge the program because debt relief will “unquestionably” have an impact on MOHELA by eliminating millions of loans, which will in turn reduce MOHELA’s revenue and therefore its ability to fund Missouri’s student financial-aid program. [read post]
18 Nov 2022, 2:46 pm
In my view, the Eighth Circuit correctly ruled that the state of Missouri, at least, has standing because a state agency – the Missouri Higher Education Loan Authority (MOHELA)—is a loan servicer that would suffer financial losses if the Biden loan forgiveness plan gets implemented. [read post]
15 Nov 2022, 10:41 am
At the core of the case was the state of Missouri and the Missouri Higher Education Loan Authority (MOHELA). [read post]
