Biden revealed his surprise endorsement during a digital town hall for Illinois voters on Friday night after cancelling public events due to growing fears over the coronavirus outbreak.
When questioned over what steps he would take to appeal to supporters of his current rival, Vermont Sen. Bernie Sanders, if he were to win the Democratic nomination, Biden noted a portion of Warren’s plan would allow student loan debt to be eliminated in bankruptcy just like other debts, and said it was “one of the things that I think Bernie and I will agree on.”
Biden had previously been a leading proponent of the 2005 bill, which was largely backed by Republicans, banking and credit card industries and passed by a GOP-controlled Congress, during his time as a Delware senator. At the time, Warren, a former bankruptcy law professor and opponent of the law, argued that it would make it harder for people to file for bankruptcy.
Warren’s plan would do away with several aspects of the law, including means testing, separate bankruptcy processes for consumers based on wealth, credit counseling, and other requirements she called “onerous and complicated.” The plan also proposes allowing student loans to be discharged during bankruptcy and provisions to help bankrupt families keep their homes and cars.
Biden’s decision to back Warren’s proposal comes as he builds a growing delegate lead over Sen. Bernie Sanders (I-Vt.) and attempts to unite all Democrats behind him ahead of the general election.
The former vice president has in recent weeks earned 11 endorsements from former 2020 Democratic candidates, although Warren has yet to offer an endorsement to either of the two final contenders after suspending her campaign bid earlier this month.