Discharging a Student Loan in Bankruptcy
Writing off a student loan in bankruptcy requires showing "undue hardship." What is that?
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.
The Extraordinary Tools of Bankruptcy: Preventing Resumed Garnishments
Most garnishments are stopped immediately if you file bankruptcy, but some may be able to continue later. Here's how to prevent that.
$36 Billion in Student Loans Is Owed by Americans 60 Years Old and Older
This $36 billion is owed by 2 million older Americans. Garnishment of their Social Security benefits to pay these student loans has skyrocketed.
Bankruptcy Can Solve Your Debt Problems Even If You Can’t Write Off Every Debt
Don't disregard bankruptcy as an option just because it does not write off the debt which is your immediate headache. There's likely some good medicine for that headache after all.
Debts You Really Care About, and WANT to Pay
In bankruptcy, are you allowed to favor: 1) creditors with collateral, so that you can keep the collateral; 2) creditors toward whom you have special loyalty; and 3) creditors who have extraordinary leverage against you?
Student Loans Are a Cash Cow for the Federal Government?
The federal government is making billions of dollars for itself on student loans every year. So why double the interest rate on the loans next year? To boost those profits.
The Widening Circles of Harm from Student Loan Debt
Student loans are not just burdening recent graduates. They're now directly hurting people you wouldn't expect. And dragging down the whole economy.
