As of October of 1994, the law under 11 U.S.C 525(c) prohibits discrimination in student loan applications against people who have filed for bankruptcy. Do what you need to do. If bankruptcy is something that you are considering doing, discuss any concerns that you have with a bankruptcy lawyer and see how you might be helped. If you are going to be going to school, it would be nice to start fresh financially so that you can focus on your education and not on old debt! Contact O'Connor Cadiz Law today to set up a no fee no obligation bankruptcy consultation. We are located in Schaumburg and Itasca Illinois.