“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
