A New York Times column raised eyebrows Friday after stating “death” was one way for people to still cancel their student loan debts
Among six methods Ron Lieber included to get rid of student loan debt, such as signing up for student loan forgiveness and filing for bankruptcy, he included debt “dies with the person or people who take it on.”
This option was given for students worried that the debt their loved ones took out for their schooling would pass on to them if those loved ones died. Lieber assured them it wouldn’t.
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The Times published the article shortly after the Supreme Court struck down President Biden’s student loan handout on Friday. The handout, which he proposed last year, sought to cancel up to $10,000 in federal loans per borrower making less than $125,000 a year, and up to $20,000 per borrower for those who used Pell Grants in college.
Critics claimed Biden’s plan would have cost over $400 billion and was unfair to those who paid their loans or never took on debt.
Lieber’s piece on Friday showed sympathy for the “enormous disappointment” felt by people not getting their loans forgiven after the ruling and offered alternative ways to remove student debt, advising them to review every available option.
Lieber mentioned “Income-Driven Repayment,” “Public Service Loan Forgiveness,” “Closed or low-performing schools,” “Bankruptcy Discharge,” and “Disability Discharge,” before getting to the final option, “Death.”
At least, that’s what his piece said before public outcry on Twitter.
