{"id":499047,"date":"2022-02-04T12:41:48","date_gmt":"2022-02-04T12:41:48","guid":{"rendered":"https:\/\/jacobinmag.com\/2022\/02\/joe-biden-administration-student-loan-forgiveness-court-ruling\/"},"modified":"2022-02-04T13:01:52","modified_gmt":"2022-02-04T13:01:52","slug":"joe-biden-just-withdrew-an-attempt-to-block-student-loan-forgiveness","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2022\/02\/04\/joe-biden-just-withdrew-an-attempt-to-block-student-loan-forgiveness\/","title":{"rendered":"Joe Biden Just Withdrew an Attempt to Block Student Loan Forgiveness"},"content":{"rendered":"\n \n\n\n\n

After widespread anger at news that the Biden administration was trying to block a court ruling that could protect people with student debt, the administration has abruptly withdrawn its opposition. It's a victory for everyone fighting for student loan forgiveness.<\/h3>\n\n\n
\n \n
\n President Joe Biden speaking at the White House in Washington, DC on February 3, 2022. (Al Drago \/ Bloomberg<\/cite> via Getty Images)\n <\/figcaption> \n<\/figure>\n\n\n\n\n \n

The Biden administration is abruptly withdrawing its attempt to block a major court ruling that could protect student borrowers, according to a new statement provided to the Daily Poster.<\/em> The announcement comes forty-eight hours after the Daily Poster<\/em>\u00a0broke the news<\/a> that the administration had moved to appeal the ruling, which could help the poorest borrowers who are being bankrupted by education debt.<\/p>\n

\u201cThis January 28 notice of appeal will soon be withdrawn,\u201d a Department of Education spokesman said in the statement. \u201cThe Department of Education has indicated publicly that it is reviewing current bankruptcy policies, a process which remains ongoing. While the student loan payment pause remains in effect, any borrower in an adversary bankruptcy proceeding can request and receive a stay on their proceedings.\u201d<\/p>\n

Following the statement to the\u00a0Daily Poster<\/em>, Under Secretary of Education James Kvaal\u00a0tweeted<\/a>\u00a0Friday morning: \u201cWe will withdraw the appeal in the Wolfson bankruptcy case & review how we handle future claims.\u201d<\/p>\n

On\u00a0Wednesday<\/a>, the Daily Poster<\/em> first reported that the administration had moved to appeal a Delaware court ruling that eliminated nearly $100,000 in student loan debt for a borrower. The borrower, a thirty-five-year-old epileptic man, had won a rare victory in a bankruptcy system that is rigged against student loan borrowers. The story \u2014 which was part of our ongoing<\/a>\u00a0coverage<\/a>\u00a0of student debt \u2014 was quickly\u00a0picked up<\/a>\u00a0by\u00a0other news outlets<\/a>.<\/p>\n

If the administration had won on appeal, it could have fortified a legal precedent precluding many borrowers from having their student loans reduced or eliminated through bankruptcy courts.<\/p>\n

\u201cObviously, this is welcome news for one borrower and we are glad to see the Department taking this step,\u201d Dan Zibel, Vice President and Chief Counsel for the National Student Legal Defense Network, a nonprofit that represents students in cases related to education and student debt, told the\u00a0Daily Poster<\/em>. \u201cBut this situation highlights how the Department must immediately review its practices and positions with respect to bankruptcy in student loan cases.”<\/p>\n\n \n\n \n \n \n\n \n \n

You can subscribe to David Sirota\u2019s investigative journalism project, the\u00a0Daily Poster<\/i>, here<\/a>.<\/p>\n\n\n\n

This post was originally published on Jacobin<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"

The Biden administration is abruptly withdrawing its attempt to block a major court ruling that could protect student borrowers, according to a new statement provided to the Daily Poster. The announcement comes forty-eight hours after the Daily Poster\u00a0broke the news that the administration had moved to appeal the ruling, which could help the poorest borrowers [\u2026]<\/p>\n","protected":false},"author":1777,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/499047"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/1777"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=499047"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/499047\/revisions"}],"predecessor-version":[{"id":499048,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/499047\/revisions\/499048"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=499047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=499047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=499047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}