![]() Both of those moves were indications that the application was not on solid legal footing. ![]() She acted on her own, without referring the application to the full court, and she did not ask the administration for a response. Justice Barrett denied the association’s challenge without comment, which is the court’s custom in ruling on emergency applications. In a second development on Thursday, Justice Barrett rejected a separate challenge to the debt relief program, this one from a taxpayers’ association in Wisconsin. A hearing on their request for an injunction is scheduled to be held on Tuesday before a federal judge in Fort Worth. Other legal challenges remain, including a lawsuit backed by the Job Creators Network, a right-leaning trade group of business owners. More than 12 million people have applied for debt cancellation since the application portal opened late last week. Biden’s plan, and Judge Autrey’s ruling allowed the government to start discharging loans as soon as Sunday. The states’ case was viewed as the most significant threat to Mr. ![]() “While plaintiffs present important and significant challenges to the debt relief plan,” the judge wrote, “the current plaintiffs are unable to proceed to the resolution of these challenges.” Instead, he said the states had not suffered injuries of the sort that gave them standing to sue. Bush, did not rule on the larger issue in the lawsuit, which was brought by Nebraska, Missouri, Arkansas, Iowa, Kansas and South Carolina. Judge Autrey, who was appointed by President George W. The nonpartisan Congressional Budget Office said last month that it estimated the plan’s price tag at $400 billion, and the Education Department followed a few days later with a similar estimate of $379 billion over the life of the program. The plan cancels $10,000 in debt for those earning less than $125,000 per year, or $250,000 per household, and $20,000 for those who received Pell grants for low-income families. Biden of overstepping his authority under a 2003 federal law that allows the education secretary to modify financial assistance programs for students “in connection with a war or other military operation or national emergency.” Louis dismissed the more prominent of the two lawsuits, one brought by six Republican-led states. Autrey of the Federal District Court in St. The authoritative record of NPR’s programming is the audio record.WASHINGTON - Attempts to block President Biden’s student debt relief programs were dealt dual setbacks on Thursday, as a federal judge in Missouri and Justice Amy Coney Barrett rejected challenges to the sweeping measure, one that could cost the government hundreds of billions of dollars. This text may not be in its final form and may be updated or revised in the future. NPR transcripts are created on a rush deadline by an NPR contractor. Visit our website terms of use and permissions pages at for further information. That way you'll always be able to share the credit, as well as the blame.Īnd that's the business news on MORNING EDITION from NPR News. MONTAGNE: One piece of advice: Max Levchin says always have a cofounder. It probably does, but it still sucks to die and, you know, and it's no fun to fail as an entrepreneur, either. LEVCHIN: I think glorifying failure is a little bit like saying that death gives reason to life. Interestingly, If I have the notes app open on my iPhone, I still get the notification in the dock on my iPad that the notes app is open on my phone, but the notes still fail to sync, or at best, some notes randomly sync hours or days later, between the two devices. At the FailCon gathering, he and other company founders spoke about their missteps, the idea being to help other entrepreneurs avoid the same pitfalls. Ive ensured that the OS on both devices has been updated to the current version. MONTAGNE: That's Max Levchin, founder of online payment company PayPal, which has succeeded. It still didn't really feel great, but it did okay. The third one, you know, proper failed, but it was kind of okay. The second one failed a little bit less, but still failed. MAX LEVCHIN (Cofounder, PayPal): The very first company I started failed with a great bang. ![]() This week, entrepreneurs gathered in Silicon Valley to celebrate, not the thrill of success, but the agony of defeat. Second Notes works in 10.9 Mavericks and 10.10 Yosemite. And Live Markdown automatically indents lists and quoted strings, and changes font to bold or italic. You can share the note with your iOS devices via Second Notes for iOS. Our last word in business today is failure. Second Notes is an app for making a note with Live Markdown in your iCloud folder.
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