If the Supreme Court strikes down student-loan forgiveness, it could have 'startling implications,' Biden says — and set a strange legal precedent going forward
who said the relief would hurt their states' tax revenues, along with that of student-loan company MOHELA.
She added that the states' standing is questionable, and she's concerned of the legal precedent it would set should the Supreme Court rule in their favor. Steve Vladeck, a professor at the University of Texas School of Law, said during a Wednesday press call that every case filed in a federal court has to demonstrate that the plaintiff would be injured by the policy, that the injury can be directly traced back to the defendant, and that the relief they're seeking would address those injuries.
"Any harm to the States' treasuries here is likewise self-inflicted," the filing said, adding that"any resulting reduction in their tax revenues is fairly traceable not to the Secretary's plan, but instead to their own choices about how to structure their tax laws."
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