Current bankruptcy law bars graduates from being discharged from their outstanding student loans for seven years after
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Current bankruptcy law bars graduates from being discharged from their outstanding student loans for seven years after the completion of their studies or five years in cases of hardship. Although the prohibition has been reduced from 10 years, it is still alleged to be unfair differential treatment of a specific source of debt that prevents an individual’s personal circumstances and conduct from being considered in bankruptcy decisions. Defenders of the prohibition maintain that it is designed to protect the integrity of the student loan system and prevent easy abandonment of such obligations. Are the recent changes sufficient? Should the ban be further decreased or even completely removed?
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Whether or not the period should be shortened depends to some extent on the avera...View the full answer
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Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).