The Republicans bringing the suit said they were still being harmed by financial losses from consolidation because the process could be ongoing for borrowers who made the change before the September guidance, and they called for a pause on the debt relief and any related consolidations. But at the end of September, the department revised its guidance to say that FFEL borrowers could not consolidate their debt to qualify for relief, likely in response to the looming lawsuits. Here are the main points the Republican group will likely address in court, according to the filing: Financial harms suffered by debt consolidationĪfter announcing the relief, the Education Department said borrowers within the Family Federal Education Loan Program, which facilitated privately held loans, could consolidate their debt into direct federal loans to qualify for loan forgiveness. "Defendants' Rationale Memo, which the Secretary approved early the same morning it was completed, does not address key statutory elements of the HEROES Act, does not consider a single alternative to erasing billions in debt, and does not even attempt to justify central eligibility requirements contributing to the Cancellation's breathtaking scope." "Were there any doubt of the Cancellation's unlawfulness before, there isn't now," the filing said. In a court filing Tuesday, the group argued otherwise. It also dismissed concerns that relief would hurt MOHELA's operations, saying that is not legally justifiable. Should a judge rule in the group's favor, the long-awaited loan forgiveness would not move forward.Īt the end of last week, the Biden administration filed its first legal defense of the plan and pushed back on every argument the GOP-led states made about why the plan should be blocked, including justifying the education secretary's authority to cancel student debt under the HEROES Act of 2003. It's one of at least five major GOP lawsuits that have been filed in an effort to block the policy. About the CompanyĬlickTime was formed in 1999 and is based in San Francisco, California.Wednesday could be a turning point for President Joe Biden's plan for student-loan forgiveness.Ī federal judge will hear oral arguments from six Republican-led states that sued Biden over his move to implement $20,000 in debt relief per borrower, arguing that the relief would hurt their states' tax revenues and the financial operations of the loan company MOHELA in Missouri, where the lawsuit was filed. Additionally, the platform is equipped with project insights tools including end-to-end budgeting, profitability prediction and cost monitoring tools. The software enables users to upload receipts for expense reports, approve submitted expenses, manage company and project budgets, and is designed to facilitate multiple company roles including employees, managers, accountants, CFOs and business owners. The platform works to improve company operations, reduce administrative costs, and budget and staff projects. Select CustomersĬlickTime is time and expense tracking software that facilitates time tracking and timesheet approval from any web-enabled device. Vendor works with companies of all sizes that track billable hours. Product is a SaaS solution and requires no additional hardware for installation.
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