Education

Bankruptcy as an option for borrowers

From Inside Higher Education: “As the amount of student loan debt held by Americans continues to rise, the difficulty borrowers face in getting relief, even if they declare bankruptcy, has become increasingly clear. Lawmakers are exploring ways to reform student loan bankruptcy, with a consensus among Democrats, Republicans and experts that Congress should partially reverse actions it took decades ago that made it harder for borrowers to have their student loans discharged.”

View the full article from Inside Higher Ed.