(7th Cir. July 22, 2015)
The Seventh Circuit affirms the bankruptcy court’s determination that the $260,000 student loan debt was not dischargeable. The debtor had obtained a business degree and a law degree, but had not been able to pass the bar exam. The debtor claimed mental illness prevented him from securing employment and earning sufficient income in the future. The court applies the Brunner test and finds that the debtor failed to show an undue hardship. Opinion below.
Author: Matt Lindblom