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Sunday, May 19, 2024

Missouri U.S. Rep Cori Bush: "MOHELA replied & said: 1their executives were not involved in the lawsuit 2 they do not exist to make..."

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Cori Bush tweeted the following:

"MOHELA replied & said:
1their executives were not involved in the lawsuit
2 they do not exist to make profits," & they would fulfill their obligations pursuant to its federal servicing loan contract
Also BTW, MOHELA hasnt paid its debt to MO in a decade."
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Here are other recent tweets from Cori Bush:

"In October, six Republican AGs, including Missouris, filed a lawsuit challenging student loan debt relief, falsely claiming it would threaten the revenue of loan servicers like MOHELA.
So I sent a letter to MOHELA asking how they are involved."
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"In 4 days, SCOTUS hears arguments on a case seeking to stop President Bidens life-changing student debt relief plan.
Heres a on 4 things you should know before then:"
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"On August 24, 2023, @POTUS heeded the call of borrowers, advocates & activists & announced that he would cancel up to $20,000 in student loan debt for people earning less than $125,000.
After the Nov. application launch, 26M borrowers applied & 16M borrowers were approved."
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