The Department of Education proposes amendments to the regulations governing the waiver of student loan debts under the Higher Education Act of 1965. These changes aim to provide targeted debt relief by specifying conditions under which the Secretary may exercise discretion to waive student debts.
A federal program has been reported to make it easier to get student loan debt discharged in bankruptcy. This is nothing new over the last two years but has been sluggish in making clear headway. At the moment, only a small number of student loan debt applicants have had their debt discharged. However the problem is not enough attorneys or judges are familiar with the process.
