The consensus is that some private student loans can be canceled as a result of bankruptcy

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The Court of Appeals ruled that private student loans can be repaid through bankruptcy like other consumer debts, opening the door for more borrowers to get relief from education debt.

A ruling by the US Court of Appeals for the Second Circuit on Thursday upheld Hilal Homaidan, an Emerson College alumnus, who sought to bankrupt the $ 12,567 private student loans he had borrowed to fund his education.

Supported by the government …



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