With student loans from federal and private lenders topping a whopping $1 trillion nationwide, many are asking why there isn’t any form of relief for student loan debt. Unlike credit cards, mortgages, and owed taxes, there is no immediate respite for those struggling to pay back their student loan debt. Even declaring bankruptcy, which would  … Read more

Student loans are now the number one source of debt in the nation, outweighing credit card debt for the first time. Though many struggle to pay back the nationwide $1 trillion owed for higher education, there is very little relief offered. In fact, some would say it’s almost impossible to have student loan debt forgiven.  … Read more

As the student loan debt industry nears $1 trillion, many graduates have already experienced financial hardship over maintaining their payments and  many more will soon join suit. Unfortunately, finding help with student loan debts is becoming more of a problem in recent years. However, that isn’t to say that you have to continue to suffer  … Read more

Student loans are one of the only options for many college hopefuls in today’s economy. While they can be the golden ticket to a higher education, they are often also a ticket to higher debt burdens. The average college student will owe $25,000 upon graduating, placing an immediate strain on any budget. To make matters  … Read more

The fall semester of college is now in full swing. Already students are racking up loads of student loan debt and growing their credit card debt balance with each passing day. The average college student will graduate with $25,000 or more in student loans and over $5,000 in credit card debt; all before they step  … Read more

Since the change to bankruptcy laws in 2005, there has been attention over the growing number of people defaulting on student loan debt payments. It is generally held that these debts no longer qualify for bankruptcy, but there are some exceptions to rule. Special Circumstances The law does still allow for some student loan debts  … Read more

College semesters are starting around the country this week and students are flooding into classrooms. While most students have a list of worries ahead of them, one thing isn’t on their minds: student loan debt payments. Since debts do not need to be repaid until after graduation, most students put it out of their minds  … Read more

For aspiring law school students, hopes and dreams can be quickly deflated by the massive student loan debt figures associated with tuition costs.  Tack on books, living expenses, and extra fees for being a student and graduating (because that’s not included!), and the student loan debt concerns start to turn into bankruptcy concerns.  However, you  … Read more

For many college graduates who are struggling to pay student loan debts, it can be disheartening to have to handle this burden throughout the bankruptcy process.  Because student loan debt can’t be easily discharged through bankruptcy, it can seem like making those monthly payments is impossible.  However, don’t give up!  There’s hope for anyone who’s  … Read more

If you are in your 20s and considering bankruptcy, it’s quite possible that overbearing student loan debts are a big part of the problem.  Struggling under the weight of student loan debt is no walk in the park.  However, there are a few things you can do to alleviate your situation.  For starters, did you  … Read more