Category: Student Loan Debt
Can Bankruptcy Help With Student Loan Debt?
Paying student loans long after you have left college behind can make you feel constant stress and affect your emotional well-being. Fortunately, there are ways to find relief when your financial situation becomes too much to bear. When paying your student loan has affected your life adversely, filing for bankruptcy can be an option. It
Feds Approve $42 Billion Student Loan Forgiveness
Colleges can open specific career paths for students, but they’ve also become synonymous with student debt. Higher education costs have steadily increased over the past decades, forcing students to turn to loans that saddle them with debt that follows them long after graduation. While it’s far from entirely absolving each American from student debt, the U.S.
How do you define undue hardship concerning student loans?
If you want to discharge your student loans through bankruptcy, you need to claim they cause you “undue hardship.” The problem is, no one is sure what that means. Some people have succeeded in persuading a court they are suffering undue hardship and got their loans dismissed. Yet, generally, the court fails to find they
New bill could help Alabama residents crush student loan debt
Going to college represents a step on the ladder to a lucrative corporate career or becoming a business owner for many Alabama residents. They felt that taking out student loans to complete their education was the right move because they expected to find a well-paying job after graduating. Unfortunately, life does not always work out