Judge rules that student loan debt is dischargeable in bankruptcy

Re:Judge rules that student loan debt is dischargeable in ba... by guelo on Monday January 13, 2020 @12:05AM (#22031974)

The loans are from private lenders and gauranteed by the government. If it was just a government program they wouldn't have had to have the draconian anti bankruptcy provisions which were put in place to attract the private lenders.

That's also why Obamacare had to be this rube goldberg public/private complication.

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Re:Judge rules that student loan debt is dischargeable in ba... by WillPostForFood on Monday January 13, 2020 @01:26AM (#22032285)

That hasn't been true for a decade. There are still old private loans out there, but since 2010 student loans are directly made by the government, and make up almost all the market. You might have a secondary private loan, but you'd start with a govt. loan.

https://studentaid.gov/

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