The president created draconian bankruptcy laws — now his administration appears to be trying to overturn a ruling that helps those bankrupted by student loans.
By Julia Rock, Andrew Perez, and Walker Bragman, The Daily Poster
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.
If Biden officials now follow through with a fully formed appeal, they would not only be aiming to keep this man overwhelmed with debt, but also moving to solidify a legal interpretation that could preclude even the most beleaguered student debtors from getting relief through bankruptcy courts.
Recent Posts
‘You Have This Assumption That It’s Going to Be Easy to Overthrow the Iranian Government’:
Take Action Now CounterSpin interview with Annelle Sheline on Iran War questionsBy Janine Jackson, FAIR Janine Jackson: As we record on May 28,…
The U.S. House Is Trying to Stop Donald Trump’s War on Iran
Take Action Now Congress is now attempting to end the Iran war without President Donald Trump’s approval. The House of Representatives is invoking…
Nebraskans are Taking a Hard Look at Data Centers
Take Action Now Residents and officials are finding ways to slow down the development rush.By Anila Yoganathan, Grist Standing before the Otoe…
A Movement Is Growing to Close the Largest ICE Jail on the East Coast
Take Action Now An ICE jail in rural Pennsylvania has been accused of medical neglect, providing unsafe water, and serving spoiled food.By Renée…