What the New Student Loan Plans Mean For You
Unlike a mortgage, you don't have a tangible asset that you can sell to pay it off and unlike credit card debt, they're notoriously difficult to get rid of even through bankruptcy. These are some of the reasons that student loan debt helped fuel the …
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Easing Student Loan Repayments
You can't just walk away from student loan debt. It's practically impossible to get it discharged through bankruptcy and there's no statute of limitations on how long lenders can pursue you through collections. Indeed, the government can withhold tax …
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Student Loans and Bankruptcy – The Debate Continues
I recently wrote a piece in this column showing why bankruptcy protections are essential for the healthy functioning of the nation's federal and private student loan systems, and the public interest that they serve. Of the 50 or so comments received, …
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