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Bankruptcy

: The Debt Podcast

The Worst Kind of Debt You Can Have: Student Loans (Part Two)

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The current standard for discharging student loans is ?undue hardship.?  Over the last three decades, Congress has made it increasingly difficult to discharge student loans. The chronology of this noose tightening around debtors? necks is as follows: Student loans were dischargeable throughout most of the 20th century. In 1976 Congress enacted the Education Amendments, and in section 439A [...]

Full post as published by The Debt Podcast on January 20, 2010 (boomark / email).

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