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Retired Bankrupt Borrower Gets Student Loan Discharge

By Emily Lever ( February 7, 2024, 5:52 PM EST) -- A California bankruptcy court has erased $150,000 of a Chapter 7 debtor's student loan balance after the U.S. Department of Education agreed to the forgiveness, concluding that it would be impossible for the borrower, now in his 60s, to pay back the loans while maintaining a healthy standard of living....

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