A reader of AskTheMoneyCoach.com had a question related to the discharge of her student loans. Although the inquiry was specific to her particular circumstances, it’s a somewhat common situation. So I’m sharing the question – and my answer – in ...
Q: You’ve previously said that getting student loans discharged in bankruptcy court is nearly impossible. I owe over $100,000 in student loans and have been in deferment for like 6 or 7 years. Is it true that if you don't ...
Q: I did not have a high school diploma or a GED when I enrolled in college. Am I responsible for my student loans? A: Before a college provides you with a student loan, that institution is supposed to make sure ...
Q: Hi. I keep hearing that only a small number of people can discharge private loans in bankruptcy and I want to know what makes them eligible? I owe over $100,000 in student loans for a degree I never finished. ...
If you obtained a federal student loan for a school that closed, you may be eligible to have your loan discharged. If you weren’t able to complete your program because the college or university you got the student loan for ...
Student loan debt has reached over 1 trillion dollars, which exceeds what Americans owe on credit cards. If you are burdened by student loan debt, here are seven ways to pay off or reduce your student loans: 1. Pick the ...
If you applied for a student loan or financial aid during your last few years of high school, you may not have been 18 at the time that you signed for the student loan. Many people who signed for a ...
If you were disabled in the past, a letter from a doctor that testified to your condition was needed to qualify to have your student loan discharged. Back in 2002, however, the Department of Education tightened the guidelines and the ...