Judge rules that student loan debt is dischargeable in bankruptcy

Re:Judge rules that student loan debt is dischargeable in ba... by garmaine on Monday January 13, 2020 @05:17AM (#22033246)

Fraternities are not publicly funded, no?

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Re:Judge rules that student loan debt is dischargeable in ba... by mcv on Monday January 13, 2020 @05:31AM (#22033298)

Actually, for the largest fraternities/student unions in Netherland, the board often gets paid by the university. Not the smaller ones, though (and it's the larger ones that cause all of the problems).

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Re:Judge rules that student loan debt is dischargeable in ba... by systemtest on Monday January 13, 2020 @05:27AM (#22033280)

My knowledge of US fraternities is limited to what is portrayed in Hollywood movies. Are they not funded by the associated University? What about the housing they have? Apologies if my view is limited.

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Re:Judge rules that student loan debt is dischargeable in ba... by dragonwriter on Monday January 13, 2020 @05:30AM (#22033291)

> My knowledge of US fraternities is limited to what is portrayed in Hollywood movies. Are they not funded by the associated University?

Generally not, they are funded by members and alums.

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Re:Judge rules that student loan debt is dischargeable in ba... by garmaine on Monday January 13, 2020 @06:35AM (#22033531)

Privately funded, privately owned AFAIK. The fraternities are typically off campus for that reason.

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Re:Judge rules that student loan debt is dischargeable in ba... by samvher on Monday January 13, 2020 @05:33AM (#22033302)

They sometimes get some support from universities but generally they need to fund themselves or use donations from alumni.

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