After many long years in school, Kris graduated 16 months ago.He was excited about earning a good salary.He was even more excited that he no longer had to worry about finding enough money for food and rent each month.In fact, the expense of attending school caught up with him and he was forced into bankruptcy a little over a year ago.Just last week, however, he received his discharge from bankruptcy.Happy days indeed.That means that he certainly will not have to pay any of the debts that he incurred as a student.

Question

Quizplus · Accepted Answer

Kris's discharge from bankruptcy does not necessarily mean that he will not have to pay any of his student debts. It depends on the specific terms of his bankruptcy agreement and the type of student loans he had. Some student loans may not be dischargeable in bankruptcy.

After Many Long Years in School, Kris Graduated 16 Months