There is a strong interest in eliminating or canceling student loans. Getting student loans paid off early may be a tricky one, but not impossible. Blogs & articles on this topic are from a team of experts and bankruptcy law firm. Learn what options you have to take care of student debt. Although you may not directly discharge student loans in bankruptcy, the bankruptcy process can absolutely work to eliminate these debts. Student loan debt is top of mind these days as so many people are looking for ways to get out of it. Large installment debts such as student loans can carry a heavy burden to those who have difficulty finding a good-paying job in their field of study. Educational debt can be especially difficult for a student who leaves college before graduation. Don’t wait for student loan forgiveness because it may never happen. Find out how, by clearing other debts, bankruptcy can get rid of student loans as well.
There’s a problem with student loans. Headlines related to student loans are appearing on news stories more often in recent weeks, at least partially due to the upcoming presidential election. Offering a free college education for everyone or spending trillions of dollars to pay off existing loans may not be addressing the root of the…
The topic of student loans has really come to the surface and received some attention over the past ten or so years. There are usually two student loan topics that arise; the rising cost of student loans and the non-discharge ability of student loans in bankruptcy. However, to give credit, there are some positive points…
Student Loan debt is in the news, and on the minds of many Americans. This month, The Federal Housing Administration, (FHA), added to the misery of student loan debt problems by making it more difficult for first-time homebuyers to make a down-payment which is required to establish a home loan. Essentially, the FHA changes now…
The Wall Street Journal posted an excellent article with the charts below, labeling 2014 graduates as the most indebted class ever. As you can see in the numbers, student loan progression over the past twenty years is staggering. The amount borrowed for college loans continues to widen the gap between income and overall debt load.…
Have you ever wondered what the cost of K-12 public education is in America? According to the National Center for Education Statistics, the average per-student expenditure in public schools is between $5,000 and $15,000. (In Wisconsin, lawmakers estimate $10,000 per student.) Therefore, we can speculate that the average student enrolled in public schools in the…
The number of college graduates with student-loan debt is increasing dramatically. The Project on Student Debt, a nonprofit research and advocacy organization, estimates that the number of college graduates with student-loan debt has increased by nine times since 1996. According to the College Board’s Trends in Student Aid study, the median debt amount for bachelor’s-degree…
