Australian Mercantile Collections

Student-Loan Borrowers Entering ‘Wild West’; Debt Relief Uncertain

Student-Loan Borrowers Entering ‘Wild West’; Debt Relief Uncertain

On June 28, the Supreme Court overruled the Chevron doctrine, a 1984 decision that allowed federal agencies to interpret laws as long as they did not violate Congress’s language.

This means that courts will now have the power to decide what a law means rather than defer to federal agencies with expertise on the topic.

It’ll cast a lot of uncertainty over all federal agencies. When it comes to higher education, the ruling will impose more barriers on regulations that are particularly…

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