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Allow bankruptcy on defaulted student loans, or have student loan forgiveness after a certain amount of time.

Created by N.S. on June 04, 2012

Students nationwide get student loans to help them attend school, after they graduate they graduate some get jobs in their field and the others are sent out into a saturated market and get stuck with an average job. these students are stuck with 20,000 dollars or more in student loan debt, a two year degree from a school like ITT Tech costs about 56,000 and most students get behind and default on their loans. these graduates need an option to file bankruptcy on these loans, or have forgiveness of the loans after paying for a certain length of time.

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