Bipartisan bankruptcy reform bill proposes alternative to forgiveness hope or lifelong debt

Bipartisan bankruptcy reform bill proposes alternative to forgiveness hope or lifelong debt

While some progressive Democrats continue to push the president to cancel student loan debt, there’s a bipartisan effort underway to overhaul the student loan system in another way: by making bankruptcy discharges more accessible for student debtors.

Senate Majority Whip Dick Durbin (D-IL), who chairs the Senate Judiciary Committee, and Senator John Cornyn (R-TX) announced a new bill called the “FRESH START Through Bankruptcy Act of 2021” last week to better enable borrowers to seek a student…


Source link

About search

Check Also

Kenny Smith hasn't heard from Charles Barkley about retiring from broadcasting: 'We'll see' – Yahoo Sports

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *