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A comment on California bans ITT tech from accepting new students. Parent comment

Re:California bans ITT tech from accepting new students by dragonwriter on Tuesday August 30, 2016 @12:30PM (#12391566)
> It's the only contract you can enter into under 18 and you can never declare bankruptcy on them.

Please stop repeating this myth. It is, in fact, possible to discharge student loans in bankruptcy. (It is particularly difficult to do so compared to other forms of debt, but there is an enormous difference between that and "you can never declare bankruptcy on them.")

See, e.g., http://www.studentloanborrowerassistance.org/bankruptcy/

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Re:California bans ITT tech from accepting new students by st3v3r on Tuesday August 30, 2016 @01:43PM (#12392189)
Technically it's true. But reality says that it's highly unlikely, and so it's just as good to say that you can't declare bankruptcy on them. The odds that you will be able to discharge them are incredibly low.
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