The result of Obama's "free" college loans-------7th Circuit: Florida Coastal Law Grad Cannot Discharge $260,000 Student Loan Debt In Bankruptcy

TaxProf Blog: 7th Circuit: Florida Coastal Law Grad Cannot Discharge $260,000 Student Loan Debt In Bankruptcy:
"The Seventh Circuit has affirmed decisions of a federal bankruptcy court and district court preventing a Marquette (MBA) and Florida Coastal (J.D.) graduate from discharging $260,000 in student loan debt in bankruptcy.  Tetzlaff v. Educational Credit Management Corp., No. 14-3702 (7th Cir. July 22, 2015):
Mark Tetzlaff is fifty-six years old and lives in Waukesha, Wisconsin with his eighty-five-year-old mother; they both subsist on the income from her Social Security payments.
Tetzlaff is divorced, has no children, and is currently unemployed.
From the mid-1990s until 2005, Tetzlaff pursued a Masters in Business Administration from Marquette University, as well as a law degree from Florida Coastal School of Law (“Florida Coastal”).1
Most relevant to this appeal, Tetz-laff took out various federally guaranteed student loans to finance his graduate education.2
In 2004, Tetzlaff consolidated his student loan debt, and Educational Credit Manage-ment Corporation (“Educational Credit”) is now the guaran-tor for the outstanding loan amount.
Tetzlaff has been unsuccessful at passing a state bar exam to date (although he has made two attempts).
Prior to at-tending graduate school, Tetzlaff worked as a financial advisor, an employee-benefits consultant, an insurance salesman, and a stock broker. 
Over the years, Tetzlaff has struggled with depression and alcohol abuse; he has also been involved in domestic disputes. 
Tetzlaff has several misdemeanor convictions, including convictions for disorderly conduct and intimidating a victim. 
He claims that all of these factors combined make it very difficult for him to secure employment"