Biden Education Dept. Reverses on Student Debt Case After Reporting Stirred Outrage

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Biden Education Dept. Reverses on Student Debt Case After Reporting Stirred Outrage
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'This is why we have to support journalism,' one reporter said of DailyPoster's work exposing the Biden administration's attempt to 'overturn a key legal victory for borrowers.'

"This is why we have to support journalism," one reporter said of The Daily Poster's work exposing the administration's attempt to"overturn a key legal victory for borrowers."In a boon for both student borrowers and investigative reporting, the U.S. Department of Education on Fridaythe Biden administration was trying to"bolster a legal precedent against millions of debtors being crushed by bankruptcy laws.

A Department of Education spokesperson confirmed in a statement that the administration will now withdraw a notice of appeal filed last month after a federal judge in Delaware ruled in favor of providing 35-year-old Ryan Wolfson, an epileptic man who struggled to find full-time employment, with nearly $100,000 in student loan relief.

"This January 28 notice of appeal will soon be withdrawn," the DOE said."The Department of Education has indicated publicly that it is reviewing current bankruptcy policies, a process which remains ongoing.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."Friday:"We're working hard to deliver relief to student loan borrowers and have reached 675,000 so far.

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