Social Sciences
8 years ago

Student loan borrowers face financial hardship, bankruptcy as last resort.

Deleted Journal
The Dark Side of Student Loans: Debt Burden, Default, and Bankruptcy
Saul Schwartz

Paper Summary

Related papers

Business, Management and Accounting
a year ago

New Machine Learning Method Predicts Loan Eligibility, Expanding Access to Credit.

Crowdfunding Dynamics
Bankruptcy Prediction
Cognitive Radio
2 views
Business, Management and Accounting
3 years ago

Origins of Bankruptcy: How Broken Benches Shaped Lending Practices

Islamic Banking
2 views
Business, Management and Accounting
3 years ago

Swindle: CatBoost Algorithm Predicts Loan Defaults, Protecting Financial Institutes from Risks

Bankruptcy Prediction
Imbalanced Data
Machine Learning
2 views

The article discusses student loan debt in Canada. Most borrowers can repay their loans, and those who default usually can't pay, not because they don't want to. People with student loans who file for bankruptcy are in a tough financial situation and see bankruptcy as a last resort. Recent laws that make it harder to discharge student loan debt through bankruptcy may not be necessary.