Student Loan Debt Traps That Lead to Filing Bankruptcy According to statistics, approximately one-sixth of the nation’s adult population has student loan debt. That debt equals about $1.5 trillion in federal student loan debt alone. There is also about $119 billion in private student loans stretching the average American’s daily budget. With those statistics in […]
The Future of Student LoansA�andA�Bankruptcy Introduction to The Future of Student LoansA�andA�Bankruptcy Student loans continue to be an ongoing financial strain for millions of individuals in the United States. TheA�future of student loans and bankruptcy laws need to converge.A�The amount of student loan debt continues to rise every year and many individuals will never be […]
About two-thirds of students who graduated from college in 2013 entered the real world with some form of debt. On average, these graduates left school with $30,000 worth of student loans to pay off. The United States has reached a new milestone, with student loan debt totaling a little over $1.2 trillion. The nation experienced […]