Supreme Court Rules That Student-Loan Debts to State May Be Canceled in BankruptcyBy JEFFREY SELINGOWashington
State-backed student loans can be canceled by federal bankruptcy courts without endangering state sovereignty, the U.S. Supreme Court has ruled. In a 7-to-2 decision issued on Monday, the justices sided with Pamela L. Hood, who sued the Tennessee Student Assistance Corporation... Copyright © 2008 by The Chronicle of Higher Education Subscribe | About The Chronicle | Contact us | Terms of use | Privacy policy | Help |