The Biden Administration, under pressure to wipe out up to $50,000 of student debt per person, reversed course and agreed to pull an appeal of a bankruptcy ruling it initially challenged.
The ruling found that a student was entitled to bankruptcy protection because the debt incurred created an "undue hardship," according to a Newsweek article.
"A Delaware bankruptcy judge discharged almost $100,000 in student loan debt held by Ryan Wolfson, an epileptic 35-year-old graduate of Penn State, in a ruling on January 14," Newsweek reported.
"On January 28, the Department of Justice filed notice of appeal on behalf of Secretary of Education Miguel Cardona.
"Following media coverage and some degree of public outcry, the department announced on Friday that it would withdraw the appeal and carry out a review of its bankruptcy policies."
At www.msn.com
