2min chapter

Strict Scrutiny cover image

Student Debt Relief Bad, Bigotry Good

Strict Scrutiny

CHAPTER

Mohila's Role in the Federal Litigation

Under the Secretary of Education's plan, roughly half of all federal borrowers would have their loans completely discharged. And Mohila, this loan servicing entity, could no longer service closed accounts. That would cost it by Missouri's estimate some $44 million a year in fees that it would otherwise have earned. The American prospect had some great reporting suggesting that Mohila basically did not get into this litigation.

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