Student-loan holders see new path for wiping out debt through bankruptcy
4 min read . Updated: 22 Nov 2022, 06:31 PM IST
Premium- Biden administration’s new rules come after courts blocked its mass debt-cancellation plan
The Biden administration’s decision to make it easier to discharge student loans in bankruptcy could offer a new safety valve for debtors who have exhausted other options for getting out from under heavy debt loads.
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