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Search resuls for: "Judge Daniel Crabtree"


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☆ Student-loan borrowers who were set to get debt cancellation or lower payments through Biden's new repayment plan won't get it — for now. Here's what you need to know.
  + stars: | 2024-06-25 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +7 min
Monday's district court rulings were different, but both dealt blows to the SAVE plan. AdvertisementEducation Secretary Miguel Cardona condemned the rulings on Monday, saying in a statement that "the Department of Justice will continue to vigorously defend the SAVE Plan." "While we continue to review these rulings, the SAVE plan still means lower monthly payments for millions of borrowers - including more than 4 million borrowers who owe no payments at all, and protections for borrowers facing runaway interest when they are making their monthly payments," he added. "All of this is to ask why: if these parts of the SAVE Plan promised an irreparable harm to plaintiffs, why didn't they move to enjoin the SAVE Plan before they took effect?" He also said that even without allowing student-loan forgiveness, the other provisions, like lower payments and limited interest accrual, will still provide relief to borrowers.
Persons: —, Joe Biden's, Daniel Crabtree, John Ross, Miguel Cardona, " Cardona, Crabtree, Missouri's Ross, MOHELA, Biden's, Ross, Cardona, Karine Jean, Pierre Organizations: Service, Business, GOP, Department, Justice, SAVE, Republican, Higher, Education Department, Justice Department, White House Press Locations: Kansas, Missouri, Monday's
☆ 2 federal courts just blocked student-loan forgiveness and cheaper monthly payments under Biden's new repayment plan
  + stars: | 2024-06-24 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
Read previewPresident Joe Biden's new student-loan repayment plan just got dealt two blows by federal courts. The attorneys general argued that relief was unconstitutional, among other things, and requested the relief — and the plan overall — be blocked. The ruling still preserves borrowers' abilities to enroll and make payments through the plan. AdvertisementBoth of the rulings are preliminary, and while student-loan forgiveness is blocked for the time being, courts have yet to hand down their final rulings. AdvertisementStill, these two rulings are setbacks for borrowers who were hoping to benefit from the SAVE plan that the Education Department has been touting for the past year.
Persons: —, Joe Biden's, Andrew Bailey, Mike Pierce, Judge Daniel Crabtree, Kris Kobach Organizations: Service, GOP, Business, Education Department, Missouri, Department of Education, Department, Protection Locations: Kansas, Missouri
☆ Student-loan borrowers enrolled in Biden's new repayment plan may have gotten a win after a federal judge ruled only 3 states 'just barely' have standing to challenge the plan
  + stars: | 2024-06-10 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
Read previewStudent-loan borrowers enrolled in President Joe Biden's new repayment plan may have just gotten some relief from legal challenges. Crabtree wrote that the three states' standing is "weaker than the one that prevailed" at the Supreme Court. Crabtree explained how this case is different from Biden v. Nebraska, the case brought before the Supreme Court. In the case to block SAVE, the states are not arguing they would lose money from servicing loans. It's also in the process of implementing a broader student-loan forgiveness plan to replace the one the Supreme Court struck down, which is also likely to result in lawsuits.
Persons: —, Joe Biden's, Daniel Crabtree, they'd, Crabtree, They're, Cato, It's Organizations: Service, Business, Kansas, Supreme, Public, Biden, . Nebraska, New Civil Liberties Alliance, Mackinac Center for Public, Sixth Circuit, Education Department Locations: Kansas, — South Carolina , Texas, Alaska, .
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