The Wall Street Journal is out with an article taking stock of what appears to be a new trend: bankruptcy trustees who are seeking to take back insolvent parents’ tuition payments. The newspaper cites several examples of colleges’ agreeing to return payments, ranging from $4,000 to over $23,000. At least 25 colleges have been asked by bankruptcy lawyers to return money since 2008, the article states, and bankruptcy lawyers say such collection was unheard of several years ago.
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