Former bankruptcy judge Sarah Sharer Curley warns Trump’s student loan overhaul could drive more borrowers into bankruptcy.
She says tighter federal loan caps may push students toward higher-cost private loans.
Total bankruptcy filings in the United States rose 11% over the past year to 469,719 for the twelve months ending September 30, according to data from Epiq AACER reported by the American Bankruptcy Institute.
Read more: