InvestorsHub Logo
Followers 45
Posts 7114
Boards Moderated 0
Alias Born 07/18/2020

Re: Donotunderstand post# 749744

Tuesday, 02/28/2023 2:00:19 PM

Tuesday, February 28, 2023 2:00:19 PM

Post# of 797368
The Nebraska Solicitor General argued that if the Department of Education student loan forgiveness is invalidated they will have at least an opportunity to comment on a new possible program considered by the Department of Education, that requires a Notice and Replacement requirement as most new federal agency actions require (e.g., ERC Rule for the GSES). The Plaintiffs procedural rights were violated according to them and if they prevail the invalidation of the agency action will allow them the possibility of convincing the Department of Education to forgive more of their clients student loans.

If the Supremes rule this Summer that the Plaintiffs do not have standing the case likely ends.