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Copyright 2005 Dean Shainin
With the cost of education going through the roof, going to
college can be very costly. Many students don't have thousands
of dollars to pay their way through college. This is why so many
college students use student loans and federal student loans to
get themselves through college. When it comes time to
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So are student loans able to be discharged? In short, probably not. Student loan debts are nondischargeable in Chapter 7 Bankruptcy cases unless paying the debt would cause the debtor "undue hardship." This basic rule also applies to Chapter 13 Bankruptcy cases.Discharge of student loans received popularity in the 1970's. Many
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A student loan is an unsecured loan made by lenders that receive government underwriting assistance. Without this government assistance, student loans would not be very practical. Lenders would find other more profitable arenas in which to loan their money. Nobody would be able to get a low interest student loan - without
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Student Loan Consolidation Stafford Loans News Updates
While many high school students are focused on getting into college, their decision on how they are going to pay for it can make a difference on how they start their financial life after graduation.
Fri, 03 Feb 2012 12:49:03 -0800
For families struggling to pay for college, 2012 won't be pretty. This year, interest rates on some federal loans will increase, tuition will go up, and it will become harder to qualify for a full Pell Grant. But there is also some good news.
Fri, 27 Jan 2012 03:33:13 -0800
Center for Data Analysis Report - Both the Economic Freedom Project Reports and the Center for Data Analysis generate reports, giving researchers the raw data that drives Heritage's policy positions.
Wed, 08 Feb 2012 05:20:55 -0800
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