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01.14.2016 | by Chris Frye

Wrong case for student loan court appeal

The United States Supreme Court recently denied hearing an appeal of a Wisconsin man who was trying to eliminate more than $260,000.00 in student loans in a Chapter 7 bankruptcy proceeding. With student loan debt at an all-time high, and defaults on paying those student loans at an all-time high, the issue of eliminating student loans in bankruptcy is ripe for a Supreme Court decision. Especially because the standard being used by most courts to determine whether a student loan can be discharged is decades old and is extremely stringent.

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