The average loan debt is thirty thousand dollars per student and more than 25% of people are behind on their payments or have defaulted. However, the Obama administration frowns upon borrowers discharging their government student loan debt by filing bankruptcy. The administration wants to protect the integrity of the federal student loan program. The Brunner [...]
For many people, a college education and student loans have long been synonymous. With student loan debt now at approximately One Trillion dollars and income levels for college degree holders down 14.7 percent, the stage has been set for college graduates entering a struggling economy to be overwhelmed by financial challenges. For many of them, [...]
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