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, student loans in bankruptcy.
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I simply wanted to say your site is one of the nicely laid out, most inspirational I have come across in quite a while. Thx!
student loans should DEFINITELY be paid!
[...] Unless you can prove, in court, that repayment would be an undue hardship for you, you cannot discharge student loan debt in bankruptcy. [...]