Editor’s note: On Friday, The Wall Street Journal’s Kelly Greene explored the peril student-loan co-signers face when borrowers default. Bankruptcy Beat’s Katy Stech expands on the dilemma faced when the co-signers themselves end up in bankruptcy to try to discharge the debt.
Lenders who extended $132,000 in student loans to Kristina Pietras before she dropped out of the University of Toledo knew she couldn’t afford to pay them back.
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