Now that student loan debts have become a $1 trillion industry, the need for better resolution options has become greater than ever before. The National Association of Consumer Bankruptcy Attorney is, yet again, calling for revision to the bankruptcy code to make handling student loan debts easier. Having been a big advocate for law changes,  … Read more

Each year more young adults graduate from college with a four year degree, and nearly $35,000 in debt. For those who go on to pursue graduate or medical degrees, the average debt is almost 5 or more times that amount. As tuition has risen by 130 percent over the last 20 years, the cost of  … Read more

It is estimated that the national student loan debt load has reached $1 trillion. As one of the more difficult types of loans to manage a default, student loan debts have become a burden for many young Americans. With the struggles facing the job market more college graduates simply cannot afford to repay their debts,  … Read more

Defaulting on student loans is serious business that has forced many college graduates into bankruptcy. While filing for bankruptcy may be able to alleviate other debt troubles, student loan debts are generally not dischargeable in bankruptcy. This makes matters tough for those who paid an arm and leg for a college education only to find  … Read more

Student loan debt has become one of the fastest growing sources of debt for young Americans under the age of 30. Topping $1 trillion of the nation’s personal debt, student loan debt has also forced numerous graduates into bankruptcy. Despite efforts from the government to resolve the student loan debt crisis the fact remains that  … Read more

It is no secret that student loan debt has gotten out of control over the last few years. The cost of tuition rises each year, forcing more college hopefuls into borrowing against their future. Now with the job market in dire straits, graduates are either unemployment or significantly underemployed making repaying their loans nearly impossible.  … Read more

College student loan debt has quickly become one of the largest contributors to personal bankruptcy filings over the last few years. Graduates are finding the job market less than fruitful and, without adequate income, their large student loan debts have become unbearable. Luckily, the crisis has not gone unnoticed. “Pay As You Earn” Program President  … Read more

Student loan debt is among the fastest growing debt source for young adults under the age of 30. As tuition rates increase each year and recent graduates struggling to find employment in the poor job market, many are finding themselves unable to repay their loans. The problem with student loan debt is that lenders are  … Read more

A increasingly common picture is that of the recent college graduate armed with an expensive four year education standing in the career fair line. Why? The economy simply cannot produce the needed entry level jobs promised to these educated young adults in exchange for getting their degree. Many are left with no job, or highly  … Read more

The cost of a college education becomes more expensive each year. Many students would not be eligible to attend  a college or university if it wasn’t for student aid programs. The majority  of college graduates have thousands of dollars in student loan debt upon graduation and many are struggling to repay these loans. Few students  … Read more