Perkins v. Vermont Student Assistance Corp.

FINDINGS OF FACT AND MEMORANDUM

CHARLES J. MARRO, District Judge.

This is an adversary proceeding instituted by the Motion (considered a complaint) of the debtor to determine dischargeability of a student loan under Section 523(a)(8) of the Bankruptcy Code.

The facts as to the loan itself are undisputed. The debtor concedes that it is indebted to the defendant, a governmental unit, for a student loan in the sum of $1,016.08 as of October 31, 1980 and that it became due on January 1, 1976 which is within five years before the filing of her petition for relief which occurred on June 30, 1980.

Sectio…