Supreme Court Case doesn’t Open the Floodgates to Discharging Student Loans in Bankruptcy.
The United States Supreme Court affirmed a lower court ruling that discharged Francisco J. Espinosa's student loans in bankruptcy. The ruling was initially haled as a victory for borrowers and debtors. However, a closer look at the narrow ruling by the High Court establishes that debtors must establish that a student loan constitutes an undue hardship to discharge student loans through bankruptcy.


