Joe Biden Is Trying to Block a Student Debt Victory
Joe Biden ran for president promising student debt relief. His administration now appears to be doing the opposite, trying to overturn a recent ruling that helps those bankrupted by student loans.
Joe Biden speaking with supporters at a town hall hosted by the Iowa Asian and Latino Coalition at Plumbers and Steamfitters Local 33 in Des Moines, Iowa, on August 8, 2019. (Gage Skidmore / Flickr)
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 us.
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 thirty-five-year-old epileptic man. In response, the Justice Department filed a notice of appeal in the case on behalf of Education Secretary Michael Cardona.
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