[LMYahooTFY]

This is not fraud, and it's barely even relevant. The ISA dissolves after 5 years even if you've paid nothing.

The fact that it is dischargeable is itself interesting.

Edit: said the opposite of what I meant

[kelnos]

This isn't the ISA; it's a special contract only used for CA-based students that does not allow for a discharge after 5 years.

[LMYahooTFY]

Interesting, I didn't realize this was the case.