SLICK WILLY AND STUDENT LOANSby pod (no login)To whom concerned: A prior poster mentioned that slick willy was not responsible for the non-dischargement of student loans. This is correct. However, the piece of dung did change an important exception to the bankruptcy law. This exception allowed students who had attempted repayment for 7 yrs to discharge their loans with bankruptcy. Slick Willy's law does away with this escape hatch. This is really a travesty because some people are going to be stuck with their student loans for the rest of their life. The only way out has been made almost impossible due to the Brunner court decision which defines undue hardship in the most conservative manner e.g you better be a veggie on foodstamps and a feeding tube before you consider this way out. Thus, boys and girls, the decision to sign the check on a student loan is not one to take lightly. You better be darn sure of your career choice because you are going to be stuck with these loans forever. Isn't it ironic that a govt sponsored "free" education is sounding a lot more like involuntary servitude. Good luck and may God never curse us with a Clinton again. from IP address 69.29.103.230 Goto Forum Home |
| Response Title | Author and Date |
| They Get 88 BILLION, We Get Herpes | anon on Dec 17, 12:16 PM |
| Re: SLICK WILLY AND STUDENT LOANS | GWB on Dec 18, 6:08 AM |
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