The American Bar Association reports that the 7th Circuit Court of Appeals, in a case previously blogged on, that of former paralegal Susan M. Krieger, was sufficient to qualify for bankruptcy discharge of her student loans. Click here for the 7th Circuit opinion.
Thank God. “Law and Economics” folks like Judge Easterbrook and Judge Posner (also see WSJ story here) are coming around to the truth about student loans and the need to be able to discharge them in the worst kinds of circumstances.
Click here for the story from the ABA or copy and paste this link: http://www.abajournal.com/news/article/7th_circuit/