Bankruptcy Can Write Off a Student Loan if it Causes Undue Hardship
Writing off student loans is not easy. You must convincingly show that paying the loan causes you undue hardship, a tough condition to prove.
New Year Resolution #11: Find Out Whether Bankruptcy Can Help with Your Student Loans
Although it's hard to get rid of student loans through bankruptcy, it's worth knowing whether and how it can help.
Older Americans Have the Worst “Student Loan Literacy”
Americans over 55 years old flunk the "student loan literacy" test. We have a generational divide in one of today's biggest economic issues.
The First Evidence Is In: Student Loans ARE Hurting the Broader Economy
Student loan borrowers are now buying houses and cars less, and have worse credit, than less educated people without student loans.
Student Loan Debt Is Growing Astoundingly Fast
Credit card debt is almost the same as it was 10 years ago, vehicle debt is only modestly higher, but student loan debt is 4 TIMES as much.
Student Loan Delinquencies Are Skyrocketing
The delinquency rate has doubled in just 4 years, in 2012 alone increasing as fast as at the worst of the 2007-2008 mortgage crisis.
The Most Important Fine Print in This Week’s News on Student Loan Relief
The best way to improve how student loan borrowers are treated is to change the incentives for their loan servicers. That happened this week.
The New Expansion of the “Pay As You Earn” Cap on Student Loan Payments
The essential facts on the President's action to allow 5 million more student loan borrowers to cap payments at 10% of their monthly income.