There is over $740 billion in student loans out there, and with jobs hard to come by, repaying can be tough, or, impossible, even if you have to file bankruptcy.
as shown in a Wall Street Journal story by Mary Pilon, even doctors are having trouble repaying student loans.
Many people took out loans believing that [...]
Category Archives: Student Loans
Student Loan Problems, Bankruptcy Rarely Helps
Do I Have To Pay My Student Loans?
On July 1, 2009, a new program starts basing student loan repayments on income.
David K. Randall explains more in Forbes online.
Bankruptcy is a last resort, you should always see what you can get short of bankruptcy.
Unless you can prove paying the student loan would be an undue hardship, you cannot get rid of, or discharge, [...]
