Tuesday, May 28, 2013

Student Loan Bubble? Just Discharge It

Student Loan Bubble? Just Discharge It | Zero Hedge:
"Meet Mike Hedlund.
This Klamath Falls native may have just made legal history by winning a 10 year battle to have the bulk of his $85,000 in federal student loans, which he accumulated as a law student at Willamette University in Salem, discharged.
The result of this legal decision will likely have epic implications for an entire generation drowning in debt, as it has now "opened the flood gates" for all those in Mike's position to challenge their massive debt encumbrance."

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