In a confidential memo, President Barack Obama’s former top Education Department lawyer warned it is 'doubtful' courts would accept Biden canceling debt for all student borrowers
Former Education Department general counsel warned it is ‘doubtful’ courts would accept Biden canceling debt for all student borrowers
Navient’s recent $1.7 billion settlement will erase student debt for about 66,000 borrowers. WSJ’s Josh Mitchell breaks down the settlement and explains which borrowers will receive debt relief. Photo: StoryblocksPresident Biden would be on shaky legal ground if he were to pursue broad-based student debt cancellation by executive action, President Barack Obama’s former top Education Department lawyer wrote in a legal analysis.
Mr. Biden is seriously considering canceling some debt for certain borrowers, even as legal experts have long debated whether the president has the authority to take such a step.
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