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Student loan debt

What are the consequences if I default on my student loan?

You may recently have heard that student loan debt now exceeds credit card debt.  Currently forty-four million Americans owe some $1.5 trillion in student loans.  You may also have heard there’s a proposal in Congress that would make student loan debt dischargeable in bankruptcy just like any other debts.  Among the bipartisan bill’s sponsors are …

What are the consequences if I default on my student loan? Read More »

What are the consequences if I default on my student loan?

You may have recently heard that student loan debt now exceeds credit card debt.  And that there’s a proposal in Congress that would make student loan debt dischargeable in bankruptcy just like any other debts.  (This is not the first time such a proposal has been bandied about.  Read my post from a year ago …

What are the consequences if I default on my student loan? Read More »

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