Borrower Kevin J. Rosenberg, 46, of Beacon, N.Y., asked the court to forgive his student debt because repaying the loans was impossible and created an undue hardship, the legal test of whether a debtor should be forgiven.
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Borrower Kevin J. Rosenberg, 46, of Beacon, N.Y., asked the court to forgive his student debt because repaying the loans was impossible and created an undue hardship, the legal test of whether a debtor should be forgiven.
Source: tatoeba (8485571)
The government has also announced delayed schedules for repaying business loans.
Source: tatoeba (8590459)
Repaying debt leaves less money available for investment in new factories or infrastructure that could increase productivity and create jobs.
Source: tatoeba (11023522)