Final answer:
Congress has made it very challenging to discharge student loan debt through bankruptcy by requiring a proof of 'undue hardship.' College students, like those in Michigan, are increasingly worried about rising tuition and the subsequent student loan debt.
Step-by-step explanation:
The student's question addresses the difficulty of discharging student loan debt through bankruptcy.
Current laws in the United States make it particularly challenging for borrowers to have their student loans forgiven during the bankruptcy process. The standard for discharge requires proving 'undue hardship,' which is a stringent test and can often be difficult to meet.
This situation is extremely concerning for student borrowers, especially in a state like Michigan, where a group of college students are already worried about the rising tuition rates and the potential burden of student loan debt.
These students fear that their financial futures could be jeopardized by debts they might not be able to discharge even in cases of severe financial distress.
For those considering bankruptcy as a potential avenue to address overwhelming student loan debt, it's important to understand the legal complexities involved and to explore other avenues for debt relief that might be available, such as income-driven repayment plans or loan forgiveness programs.