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Search resuls for: "Mackinac Center's"


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A federal judge dismissed a lawsuit to block student-debt relief from income-driven repayment plans. Last week, conservative-backed groups filed a lawsuit to block relief for 800,000 borrowers. On Monday, Judge Thomas Ludington in the Eastern District of Michigan Northern Division ruled that a lawsuit seeking to block $39 billion in debt relief for 800,000 borrowers lacks standing and is dismissed. The ruling means that — barring other legal challenges — the Education Department will continue looking at borrowers' income-driven repayment accounts every two months to determine if they qualify for debt relief, and those who do not want the debt relief will have the option to opt out. Borrowers can also apply for the SAVE Plan before federal payments resume — a new income-driven repayment plan intended to make borrowers' monthly payments cheaper.
Persons: Joe Biden's, Judge Thomas Ludington, Lundington, Public Relations Holly Wetzel, Biden Organizations: Service, Eastern District of Michigan Northern Division, New Civil Liberties Alliance, Cato Institute, Mackinac Center for Public, Education Department, Public, Mackinac Center's, Public Relations, SAVE Locations: Wall, Silicon, Eastern District
Conservative nonprofit Mackinac Center asked a federal court to immediately end the student-loan payment pause on Thursday. The ongoing payment pause is currently set to end this summer. In April, the group filed its initial lawsuit against the Education Department to end the pause and prevent a further extension. Additionally, in Thursday's complaint, the group claimed that not every student-loan borrower required the relief the payment pause brought. Nationwide debt relief that fails to distinguish between the two groups provides an unlawful windfall to the latter.
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