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Lawyer cannot avoid paying back $350,000 of debt acquired during school by seeking bankruptcy. http://www.startribune.com/local/west/50806777.html Surely this must be an exceptional level of debt? JAS | ||
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I read an article a few weeks ago about a man in New York who has been denied admission to the bar on the basis of his $400,000 or so in student loan debt. I believe that only the warm embrace of death can free you from those obligations. | |||
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My plan if I flunked the BAR was to tend bar in some third-world tropical-beach-type place without an extradition treaty. And my loans weren't nearly that bad. Thankfully for Caribbean tourists I passed. | |||
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They warned us over and over again in school -- both undergrad and law -- that student loan debts aren't dischargeable through bankruptcy. You're stuck with them forever. And gosh, it took him that long to make it through school, and he's surprised he's not a successful lawyer? | |||
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