4 ms·

FWIW, this is an often-claimed "strategy" in the UK (run up as many debts as you can while you are a student, then immediately declare bankruptcy). In practice,

FWIW, this is an often-claimed "strategy" in the UK (run up as many debts as you can while you are a student, then immediately declare bankruptcy). In practice, it isn't an issue.

harryh 8y ago
The UK changed their rules in 2004 to make the vast majority of student loans not dischargeable via bankruptcy.
- stordoff 8y ago
  Not student loans (which are taken from your salary so barely worth discharging anyway), but overdrafts, credit cards etc.