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A college's decision to allow a student to continue taking classes after failing to pay tuition does not constitute an educational loan or benefit within the meaning of the Bankruptcy Code, the 2nd U.S. Circuit Court of Appeals ruled. In a matter of first impression in the circuit, a three-judge panel found that two students who were billed after being allowed to stay in school are shielded by the code.
August 01, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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