Wednesday, March 24, 2010

Addendum to previous post about the Supreme Court Ruling

Of course it's true that this recent ruling will not result in the opening of the proverbial bankruptcy floodgates for millions of student loan debtors. I have always been of the opinion that if something like that were to happen, it wouldn't be the best for those who are part of the indentured educated class.

Nevertheless, it is still quite huge. As one attorney with whom I'm connected on Facebook stated, "[such a ruling by the Supreme Court and the sentiment it carries] tends to assume societal values" over time. That's why it's more than just noteworthy and why it's worth letting many of you know about it.

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