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“The excesses of the Supreme Court are going to backfire,” said Rep. Ritchie Torres, a New York Democrat. “The Supreme Court is becoming not just conservative, but almost – it’s like a throwback. For months the White House publicly said there was no alternative plan if the Supreme Court struck down the student debt relief program. The White House also stayed in touch with and fielded suggestions for next steps from debt relief advocate groups and congressional allies throughout the process. A team from the White House counsel’s office came to brief him on the ruling.
Persons: Joe Biden wasn’t, , Biden, Donald Trump –, Ritchie Torres, , Roe, Wade, it’s, ” Biden, hasn’t, we’re, Jeff Zients, , Natalie Quillian, “ I’m, cancelation, Wisdom Cole, galvanizing, Congress –, Adam Green Organizations: CNN, Democratic, Biden, New, New York Democrat, Republican Party, Seagram, MSNBC, White House, White, Council, National Economic Council, Department of Education, Department of Justice, Justice Department and Education Department, Higher, Youth & College, NAACP, Congress, Progressive, Institute Locations: New York, New York City
‘Today’s guidance outlines a better, fairer, more transparent process for student loan borrowers in bankruptcy,” said Associate Attorney General Vanita Gupta. The Biden administration on Thursday released new guidelines that will make it easier for economically distressed student loan borrowers to discharge their student debt in bankruptcy proceedings. The long-awaited guidelines from the Justice Department and Education Department set specific requirements for borrowers to prove that they are experiencing economic distress, rather than requiring an arduous legal process where the federal government often delves into borrowers’ financial history to show they haven’t properly demonstrated their economic hardship.
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