Price v. DeVos (In re Price)

OPINION

ERIC L. FRANK, CHIEF U.S. BANKRUPTCY JUDGE

I. INTRODUCTION

II. PROCEDURAL HISTORY

III. FACTS

A. The DOE and Chase Student Loan Debts

B. The Debtor’s Education

*583C. The Debtor’s Family

D. The Debtor’s Employment

E. The Debtor’s Current Income and Expenses

1. Monthly Income

2. Monthly Expenses

F. Other Facts Affecting the Debtor’s Current Financial Status

G. Repayment of the Student Loans

IV. DISCHARGEABILITY UNDER 11 U.S.C. § 523(a)(8)

A. Statutory Authority Governing the Discharge of Student Loans

B. The Test for “Undue Hardship”

V. DISCUSSION: THE FIRST TWO BRUNNER PRONGS

A. The First Prong

1. minimal…