- Democratic lawmakers urged Biden to cancel student debt for defrauded borrowers before Trump takes office.
- Some borrower defense applications are still pending, and lawmakers are pushing for prompt relief.
- Biden has canceled student debt for over 1 million borrowers defrauded by their schools.
A group of Democratic lawmakers want President Joe Biden to quickly process student-debt cancellation applications for thousands of borrowers before it’s too late.
On Wednesday, 75 Democratic lawmakers, led by Sens. Dick Durbin and Ed Markey and Rep. Maxine Waters, sent a letter to Education Sec. Miguel Cardona urging him to discharge unprocessed borrower defense applications, which are applications student-loan…
