Student Loan Debt

In today's episode, I first look at the injunction placed against Biden's student debt cancellation by the 8th Circuit Court of Appeals. Why was it put in place? Will it stand up to Supreme Court Scrutiny? 

Then I turn my attention to the greater problem of student loan debt in our country, and how we can reform our bankruptcy code to ensure that future students take on less debt in the future; an economic reform in keeping with the tenets of the Relief Valve.

Sources:
https://abcnews.go.com/Politics/student-debt-relief-legal-limbo-advocates-urge-people/story?id=92015239

https://thehill.com/homenews/3702337-political-legal-battle-heats-up-over-student-loan-forgiveness/

https://www.consumerfinancemonitor.com/wp-content/uploads/sites/14/2022/10/8th-Circuit-injunction-order.pdf

https://www.jdsupra.com/legalnews/state-attorneys-general-sue-to-halt-9547242/

https://content.govdelivery.com/attachments/ARAG/2022/09/29/file_attachments/2283559/09.29.22%20Complaint%20-%20Neb.%20v.%20Biden%20Student%20Loan.pdf

https://www.consumerfinance.gov/about-us/blog/busting-myths-about-bankruptcy-and-private-student-loans/#:~:text=For%20too%20long%2C%20a%20myth,to%20federal%20student%20loan%20borrowers.

https://www.americanbar.org/groups/business_law/safeborrowing/student/bankruptcy/

https://www.law.com/2022/05/10/private-student-loan-debt-and-the-exception-to-discharge-as-viewed-through-the-eyes-of-the-circuit-courts/?slreturn=20220926183034

https://www.law.cornell.edu/uscode/text/11/523#a

https://www.insider.com/cost-of-college-countries-around-the-world-2018-6#united-states-8202-28