Supreme Court Refuses to Hear Student Loan Bankruptcy Case

TWL_2016_Jan_Blog5The Supreme Court declined to hear an appeal case on Monday that sought to make discharging student loan debt easier. The case in question involved an unemployed Wisconsin man with more than $260,000 in student loans from business and law school. The 57-year-old man, who struggled with depression and alcoholism according to The Wall Street Journal, failed the bar exam twice and had a criminal record that made it difficult for him to find adequate employment to repay the debt. In order to discharge student loans backed by taxpayer dollars, one must prove “undue hardship.” Federal courts have been strict in determining whether undue hardship exists, which has made it nearly impossible to discharge student loan debt. However, in rare cases, some courts have been more lenient.

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