Elizabeth Warren and Ron DeSantis agree on one way student-loan borrowers should get a path to relief: getting rid of debt in bankruptcy court
that President Joe Biden supported when he was a senator, and it expanded undue hardship to borrowers with private student loans, along with federal. Given that courts often had a very strict interpretation of the rule — keeping many borrowers from getting relief — the Education and Justice Departments in NovemberAnd it's something both Warren and DeSantis support.
"At the same time, I have sympathy for some of these students because I think they were sold a bill of goods. I think these universities knew that they could take all this federal loan money," he said, adding that colleges should be held financially accountable if students were unable to pay off a"successful" degree and that"student loans should be dischargeable in bankruptcy.
and has pushed for more — she also has said bankruptcy should be a viable option for borrowers, especially with federal payments set to resume in October after an over three-year pause. requesting an update on the Justice Department's implementation of the new bankruptcy reforms
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