Subject category:
Economics, Politics and Business Environment
Published by:
Allied Business Academies
Length: 4 pages
Data source: Published sources
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https://casecent.re/p/155729
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Abstract
This case speaks to the real financial fears resulting from burdensome student loan debt experienced by millions of students upon leaving college. Unlike other types of debt obligations held by creditors, student loan debt falls into a special category and is not readily dischargeable in bankruptcy, absent proof of 'undue hardship' that precludes paying back the loans. The major topics of the case are bankruptcy, consumer protection, legal environment of business, and ethics. Given the applicability of the topic to students who will soon be obligated to make student loan payments, the case is appropriate for students in a business law class that covers bankruptcy. The case is designed to be taught in one class period, with the expectation that students will have spent two hours in preparation outside of the classroom.
Subject category:
Economics, Politics and Business Environment
Published by:
Allied Business Academies
Length: 6 pages
Data source: Published sources
About
Abstract
This case speaks to the real financial fears resulting from burdensome student loan debt experienced by millions of students upon leaving college. Unlike other types of debt obligations held by creditors, student loan debt falls into a special category and is not readily dischargeable in bankruptcy, absent proof of 'undue hardship' that precludes paying back the loans. The major topics of the case are bankruptcy, consumer protection, legal environment of business, and ethics. Given the applicability of the topic to students who will soon be obligated to make student loan payments, the case is appropriate for students in a business law class that covers bankruptcy. The case is designed to be taught in one class period, with the expectation that students will have spent two hours in preparation outside of the classroom.
Related
Subject category:
Economics, Politics and Business Environment
Published by:
Allied Business Academies
Length: 6 pages
Data source: Published sources