Discover a new way to find and share stories you'll love… Learn about Reading Desk

Post Profile



The AP on Student Loan Hell

The Associated Press takes a good look at how a 2005 law traps borrowers in private student loans—upending the whole point of the bankruptcy code. Back in 2005, President Bush signed the misleadingly named Bankruptcy Abuse Prevention and Consumer Protection Act, a giant giveaway to the banking industry that included a provision making it nearly impossible to discharge private...
read more

share

Copyright © 2011 Regator, LLC