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Student Loan Cancellation Through Bankruptcy Could Become Much Easier

admin by admin
August 13, 2021
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Student Loan Cancellation Through Bankruptcy Could Become Much Easier

“Student loan debt follows you to your grave,” Durbin said. “For years, I have supported allowing struggling borrowers to discharge their loans in bankruptcy as a last resort. Our bipartisan bill finally gives student borrowers – some who were misled into taking out costly loans by predatory for-profit colleges – a chance to get back on their feet when they have no other realistic path to repay their loans.”

New Details Emerge On Student Loan Servicing Changes: Multiple Transfers, Prolonged Upheaval Expected

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