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Expert Analysis

The Changing Landscape Of Student Loan Dischargeability

Law360, New York (December 4, 2015, 4:16 PM EST) -- A recent decision out of the U.S. Bankruptcy Court for the Eastern District of Washington highlights a new difficulty that student loan borrowers face when attempting to discharge student loan debts in a bankruptcy case. Nationwide, student loan debt now totals more than $1 trillion, which is more than the total amount of American credit card debt. Because of the relatively recent increase in student loan debt, two things have happened: first, more borrowers are looking to the Bankruptcy Code to see if their student loan debts can be discharged, and second, the federal government has instituted a number of student loan repayment programs....

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