The Supreme Court on Monday turned away an appeal that sought to make it easier to erase student loans in bankruptcy, sidestepping an issue that has become a focal point for consumer advocates and lawmakers as millions of borrowers fall behind on their payments.
The court, in a brief written order, said it wouldn’t consider an appeal by an unemployed Wisconsin man who owes more than $260,000 in student-loan debt from business and law school. Mark Tetzlaff, 57 years old, said in court papers his alcoholism, depression and criminal record have prevented him from finding a job and repaying his debt. He also twice failed the bar exam.
Read more at The Wall Street Journal: https://www.wsj.com/articles/supreme-court-denies-appeal-on-student-loan-erasure-1452527286
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