This post has not been vetted or endorsed by BuzzFeed's editorial staff. BuzzFeed Community is a place where anyone can create a post or quiz. Try making your own!
Why Dumping Student Debt In Bankruptcy Is Good For Lenders
If law school graduates were able to discharge in bankruptcy court their student loans from private lenders -- something Congress has prohibited since 2005 -- it might be good for the lenders and the profession, according to Steven J. Harper, an adjunct professor at Northwestern University School of Law. Banks would be less inclined to lend to students who aren't serious about becoming lawyers, and fewer people would go to law school without thinking through their career plans, he tells Bloomberg Law's Lee Pacchia.
