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student bankruptcy

  • Thread starter Thread starter Ashamed
  • Start date Start date
Ashamed said:
Have any of you become bankrupt from your studies?

Dude, I will become so if my loan doesn't come thru. Not the end of the world. I have learned to not let things like that bother me. It's just the little shit that drives me insane, like where did I put my fucking keys when I'm running late.
 
Re: Re: student bankruptcy

Imnotdutch said:


They allow you guys to file for bankruptcy over study fees?

I'm in the UK.. about 900 graduates have decalred themselves bankcrupt this year from student loans inc. student loan company debts... government aims to close loophole next year and prevent students from declaring bankruptcy from student loan company debt...

Americans take on even more debt than uk to study.. just wondering how much of a problem it was in the US or other countries...
 
Re: Re: Re: student bankruptcy

I'm in the UK also.......didnt realise this was happening. Personally I find it disgusting that people would do this........

Ashamed said:


I'm in the UK.. about 900 graduates have decalred themselves bankcrupt this year from student loans inc. student loan company debts... government aims to close loophole next year and prevent students from declaring bankruptcy from student loan company debt...

Americans take on even more debt than uk to study.. just wondering how much of a problem it was in the US or other countries...
 
in times of recession more people become bankrupt...

disgusting why?
 
Ashamed said:
in times of recession more people become bankrupt...

disgusting why?

1) It isnt a huge amount of money.

2) They are taking something for nothing.

I wonder how many of these people got good quality degrees and worked hard at uni and sent their money well........instead of wasting it on a three year holiday.
 
i think i need to discuss these topics with someone who is not a retard.
 
Ashamed said:
i think i need to discuss these topics with someone who is not a retard.

I have two degrees.........one is a Ph.D. I have seen people waste away their time at uni too many times.

There are such things as payment plans that can be used to pay off student debts very very slowly. There is no need to claim bankruptcy ..........
 
The US closed that loophole a long time ago because people were declaring bankrupty right after finishing law/medical school. They obviously would've been able to pay those loans off in the future.
 
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