No Religious or other Private Schools for Bankruptcy Filers

[Dale]

Among the effects of the Republican's hasty and one-sided bankruptcy reform is that filers won't be able to send their kids to Christian schools. The bill, which has now been passed, limits private or parochial school tuition to $1500 per year. As the following link plainly says, there is apparently no Christian school in the country that has tuition lower than that, in 2005.

The link leads to a letter signed by a number of professors highly critical of bankruptcy reforms pushed by credit card companies and now accepted by Congressional Republicans.


Click here: Bankrate.com, Inc

or

http://www.bankrate.com/brm/frames/hyperlink.asp?link_address=http://nacba.org/maxdocs/Law_Professor_Letter__final_.pdf

 

[Voegelin]

It is a bipartisan bill had you not noticed.

If liberals did not spend the last two generations undermining traditional morality, going bust would still carry a stigma. Because it doesn't, except among holdouts, it was a given bankruptcy laws would be tightened.

What is the matter with public schools? Liberals love them. Incredibly hypocritical for liberals to complain about the "Republican" bill they helped pass and then warn about kids not being able to attend schools they despise.

 

[Granny2young]

I agree. It is really sad for those honest, hard working folks who have a sickness or death in the family that can deplete all funds. Just another way to punish kids for misfortune.

 

[Dale]

Voegelin & Granny2young:


If you would actually look at the link, it contains such information as:
(1) "The fastest growing group of bankruptcy filers is older Americans."
2)"As a recent study of medical bankruptcies shows, during the two years before bankruptcy, 45% of the debtors had to skip a needed doctor visit. Over 25% had utilities shut off, and nearly 20% went without food."
(3) The Mormon State of Utah leads the country in bankruptcy filings.
(4) AS of 2001, about 2% of children are in families that have declared bankruptcy. They will be among the victims of ill conceived reform.
(5) Despite their complaints to Congress, the credit card industry is highly profitable.