Why is discharging student loans in bankruptcy falsely portrayed as being impossible?

A quarter of a million people with student loans file for bankruptcy each year, yet only a small number seek to discharge their educational debt. Recently Villanova University School of Law Professor Jason Iuliano examined what he called the Student Loan Bankruptcy Gap to understand this phenomenon.

In this podcast episode, Gene Melchionne and I discuss the costs of bringing a student loan bankruptcy discharge case, how the mechanics of the process make it more daunting for bankruptcy lawyers and borrowers alike, and closing the Student Loan Bankruptcy Gap to provide debt relief to millions of individuals.