"Practically since this program was announced, the administration has sought to avoid judicial scrutiny," Kruckenberg said."Thus far they have succeeded. But that does not change the fact that this program is illegal from stem to stern."The main obstacle for those hoping to foil the president's action has been finding a plaintiff who can prove they've been harmed by the policy, experts say., a Harvard law professor, recently told CNBC.
In that light, Barrett's decision to reject the Pacific Legal Foundation's request isn't surprising, said higher education expert Mark Kantrowitz. "There were very few substantive differences between their original lawsuit and the new lawsuit, which spells for a lack of legal standing," he said.As legal challenges mount, financial advisors say borrowers are left wondering where student loan forgiveness stands.
"The interference of the courts is really troubling because people are looking for certainty with what's happening with their student loans," said Ethan Miller, a certified financial planner and founder of Planning for Progress in the Washington, D.C., area. Miller specializes in clients with student loans.This is breaking news. Please check back for updates.
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