Similar Search Results

Bankruptcy, Morality & Student Loans : A Decade of Error in Undue Hardship Analysis

White, Daniel Linn - 2017

In an effort to stem perceived abuses of the bankruptcy system, Congress adopted a rule in 1976 that created a time-based conditional limitation on the discharge of federally guaranteed student loans in bankruptcy. The only means of overcoming the limitation was the showing of an “undue...

Persistent link: https://www.econbiz.de/10012959405

Private Student Loans and Bankruptcy : Did Four-Year Undergraduates Benefit from the Increased Collectability of Student Loans

Ang, Xiaoling - 2018

from other unsecured debt. In 2005, student loans originated by private companies — loans granted only to credit … the cost of consumer credit. Focusing on consumers' decision-making biases, opponents predicted that there would be no … discernible change in the cost of consumer credit or loan volumes. We develop and test theoretical models predicting the effects …

Persistent link: https://www.econbiz.de/10012938300

State Variation of Student Loan Debt and Performance

Di, Wenhua - 2015

average credit scores tend to have lower rates of delinquency. Credit scores are not necessarily related to the amount … borrowed because the majority of student loans are federal are not underwritten based on borrowers' credit risks. Controlling …

Persistent link: https://www.econbiz.de/10013020781

The Implications of Income-Based Repayment and Public Service Loan Forgiveness on Student Loan Debt

Johnston, Jarrod - 2014

The Income-Based Repayment (IBR) plan decreases the burden of student loan debt for borrowers with high levels of debt or relatively low incomes. For borrowers with high debt or low income, student loan debt payments are based on income instead of the amount of debt and the interest rate. The...

Persistent link: https://www.econbiz.de/10013049142