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A comment on Lambda School agrees to end deceptive educational financing practices. Parent comment

Re:Lambda School agrees to end deceptive educational financi... by tw04 on Monday April 26, 2021 @06:33PM (#26949139)
How is the law not obvious? There are a handful of things that are exempt from bankruptcy, "income sharing" isn't one of those things. Going through the list of exempted items, I can't find a single one where I go "oh, yes that sort of applies".

http://www.californiabankruptcy.info/exemptions.html

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Re:Lambda School agrees to end deceptive educational financi... by pseudalopex on Monday April 26, 2021 @06:42PM (#26949235)
That lists property someone can keep. Did you mean this page?[1]

[1] http://www.californiabankruptcy.info/nondischarge.html

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Re:Lambda School agrees to end deceptive educational financi... by bpodgursky on Monday April 26, 2021 @06:48PM (#26949296)
Well, student loans _are_ one of those things.

ISAs seem a lot closer to "student loans" than, like, a new boat. I don't think this is totally unreasonable.

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Re:Lambda School agrees to end deceptive educational financi... by skellera on Monday April 26, 2021 @07:08PM (#26949476)
That’s giving way too much credit. I’m sure if you asked 100 people if ISAs from a bootcamp were the same as government backed student loans, you’d get pretty close to 100 “no.”
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Re:Lambda School agrees to end deceptive educational financi... by bpodgursky on Monday April 26, 2021 @08:01PM (#26949925)
Private student loans are exempt too...
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