Comment on Only a couple dozen student-loan borrowers have gotten their debt wiped out in court since Biden announced changes nearly a year

Only a couple dozen student-loan borrowers have gotten their debt wiped out in court since Biden announced changes nearly a year

US President Joe Biden.BRENDAN SMIALOWSKI/AFP via Getty Images Biden announced reforms to the bankruptcy process for student-loan borrowers in November. New data obtained by Student Defense found fewerr than 45 borrowers have seen relief since those reforms. Experts and lawmakers want to ensure bankruptcy is a viable option before payments resume this fall. It's been nearly a year since President Joe Biden announced reforms to make it easier for student-loan borrowers to get rid of their debt in bankruptcy court.

 

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