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A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try.
The process which enables this was introduced during the Biden administration.
Not being older but having a history of making a good faith effort to repay the loans. So they happen to be older.
Really - it’s all outlined here: https://www.justice.gov/d9/pages/attachments/2022/11/17/student_loan_discharge_guidance_-_fact_sheet_0.pdf
Nowhere does it say “old” or “poor” though those conditions may coincide with other criteria.
Both of the people were older.
My impression was that they couldn’t pay off that much debt at that age.