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Biden administration could make it easier to discharge student loan debt in bankruptcy
Agencies will consider such factors as the person's current and future ability to pay, taking into account efforts to earn income or manage expenses.
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twenty seven senators call on Cardona to alter policies towards the scholar debt claims for bunkruptcy
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Biden Continues Fighting Student-Loan Borrowers in Bankruptcy Court
"It's outrageous that other people get to declare bankruptcy but students can't," Sen. Chuck Schumer said in February.
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The Biden Education Department Drags a Bankrupt Cancer Patient Into Court
Despite vowing to change the way student loans are treated in bankruptcy, the administration is still using its discretion to limit payouts.
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When bankruptcy eliminates student loan debt, government fights back
The Biden administration admits bankruptcy laws for student loans are too strict, yet it s fought borrowers who had their debt forgiven in court.
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