The Biden Administration is changing course from its campaign promise to forgive some student loan debt by attempting to overturn a recent legal case that would further cement student loan borrowers from fighting for financial relief through bankruptcy court. Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live
Read more HERE:
https://www.dailyposter.com/biden-moves-to-block-student-debt-victory/
“Despite increasing pressure to fulfill a campaign promise to forgive student debt, President Joe Biden is now going in the opposite direction: His administration has taken an initial step to try to overturn a key legal victory for borrowers, according to court filings reviewed by The Daily Poster.
If the administration wins an appeal, it could bolster a legal precedent against millions of debtors being crushed by bankruptcy laws that Biden infamously helped his finance industry donors sculpt during his four decades in Washington.
On January 14, a federal judge in Biden’s home state of Delaware moved to eliminate nearly $100,000 in student loan debt held by a 35-year-old epileptic man. In response, the Justice Department filed a notice of appeal in the case on behalf of Education Secretary Miguel Cardona”
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