Government Information

Earl Gregg Swem Library

Bankruptcy and Student Loans

Categories: Consumer Info/Protection,Education-Higher,Govt Finance,Income/Poverty,Youth

https://www.everycrsreport.com/files/20180222_R45113_260f7e659232d45a2168911d6025ca02f9df0e72.pdf

Examines the concept of “undue hardship” as a legal term involving required payment of student loan debt. According to court interpretations the debtor must prove three things to qualify for exemption from repayment.  The report provides a comprehensive overview of the various legal issues related to whether a debtor may discharge a student loan via bankruptcy.  From the Congressional Research Service, posted by EveryCRSReport.com