Student Loan Debt Relief

Student loan debt relief is available

Student loan debt relief is available Most people know the concept of Americorps VISTA or the Peace Corps; however, did you know that depending on length of service to these programs, a significant loan adjustment can be extended to a borrower? [...] many people have decided to dedicate their professions to community-run initiatives and, in essence, become community builders. Because of this ...

Wipe out student loan debt

There's no easy way to escape from your college loans, but for most people, options such as repayment and forgiveness plans do exist. The point is to avoid defaulting.

Law School Student Debt Is Just Tip of the Iceberg

Your Student Loan Ranger was intrigued by a recent report from the Center for American Progress titled "What Can We Learn from Law School? Legal Education Reflects Issues Found in All of Higher Education." In a nutshell, the report argues that the failure of schools, students, and policymakers to respond as the cost of getting a degree climbs and the chances of getting a job that pays well ...

Discharging Student Loan in Bankruptcy Requires Major Hardship

Student loan debt is not easy to walk away from. In fact, private and federal student loans are not eligible for discharge in a bankruptcy filing unless you can prove that paying them would produce an 'undue hardship.'

Law grads go to court for bankruptcy protection

(Reuters) - When Diana Valle decided to intern at a bankruptcy firm during law school, she had no idea how useful the experience would prove - in her own case. Shortly before graduating from the University of Maryland School of Law, the 26-year-old Valle, burdened with $150,000 in student debt and with no immediate job prospects, filed for Chapter 7 personal bankruptcy protection. "I was really ...

How You Pay for College Almost as Important as What School You Choose

While many high school students are focused on getting into college, their decision on how they are going to pay for it can make a difference on how they start their financial life after graduation.

Student Debt Crisis Isn't Just About Economy

With the Iowa caucus under our belt, the 2012 election year is in full swing and one issue being raised across the country is student debt. So far, it seems that a number of candidates propose to address this issue through their plans to "improve the economy." They don't seem to understand the educational debt crisis very well.