Pressure is growing on the Biden administration to make it easier to discharge student loan debt in bankruptcy
Washington .
President Joe Biden campaigned on reforming the bankruptcy system, which currently makes it extremely difficult for student loan debt to be discharged. Borrowers must meet a high burden of proof: that paying the loans off would cause"undue hardship."Last fall, Biden's federal student aid chief, Richard Cordray, told Congress that the Department of Education had started discussing reforming student loan bankruptcy rules.
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