• marsza@lemmy.cafe
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    6 hours ago
    1. 1976 – Congress first restricted bankruptcy discharge for federal student loans.
      • Loans couldn’t be discharged during the first 5 years of repayment unless the borrower could prove “undue hardship.”
      • Passed during President Gerald Ford’s term (Republican).
    2. 1990 – The waiting period was extended from 5 years to 7 years.
      • Signed by President George H. W. Bush (Republican).
    3. 1998 – The 7-year rule was removed entirely for federal loans, meaning they could only be discharged under “undue hardship” no matter how old the loan was.
      • Signed by President Bill Clinton (Democrat).
    4. 2005 – Private student loans were also made non-dischargeable in most cases (same “undue hardship” rule).
      • Part of the Bankruptcy Abuse Prevention and Consumer Protection Act, signed by President George W. Bush (Republican).

    Sounds like “all of them”