Multiple Choice
In In re Jones, Jones graduated from college and then went to law school. He graduated from law school but was unable to pass the bar exam. Over the next decade he worked various jobs before going back to school again for a master's. Jones took out student loans to pay for his education, resulting in $140,000 of debt. He filed for bankruptcy and sought to have the student loans discharged for "undue hardship." The court held that the undue-hardship standard:
A) had been met because the amount of money owed was too much for a person in his fifties to be able to pay.
B) had been met because Jones demonstrated that he had made diligent efforts to find employment.
C) had not been met because for a healthy, educated, employable man, paying back the loans would not amount to undue hardship.
D) was not applicable to student loans and therefore Jones could not discharge the debt.
Correct Answer:

Verified
Correct Answer:
Verified
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