Restructuring student loans
In the only case decided today, in United Student Aid Funds, Inc. v. Espinosa, (No. 08-1134) the U.S. Supreme Court allowed the restructuring of a student loan. I didn’t think such loans could be part of bankruptcy proceedings, but apparently I was in error.
My question now is: How many more students/former students will be pushed into bankruptcy just to reorganize these normally very large debts?Tags: Cash Flow - Finances
Categorized in: Cash Flow - Finances