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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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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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The Pros And Cons Of Government Student Loan Consolidation
Your college or university days may be behind you but if you
received federal student loans from the US Department of
Education (ED) along the way you now have to deal with paying
them back. To avoid repayment problems it's important to learn
how to manage your
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College Student Loans Michigan News Updates
Except maybe for Hollywood and Goldman Sachs, there has been no firmer source of support for Barack Obama’s presidency than academia. University faculties have been among his greatest sources of donations, while professors have happily charged his critics with racism on every imaginable ground. So, naturally, Obama’s throwing...
Mon, 06 Feb 2012 19:48:07 -0800
President calls on Congress to shift million toward funding to student loans, Pell Grants President Barack Obama said during his Jan. 24 State of the Union address that he plans to make the U.S. No. 1 in the world in post-secondary school graduation rates, primarily by making college a viable, affordable option for all [...]
Mon, 06 Feb 2012 01:25:56 -0800
President Barack Obama unveiled a new college affordability plan Friday, proposing to further expand student financial aid while providing more assistance to schools that hold tuition down and cutting aid to those that do not.
Fri, 27 Jan 2012 10:39:10 -0800
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