According to a recent study, older people are likely to exhibit signs of depression if they are plagued with a certain amount of unsecured debt, a Newsday article stated on August 1.In the study conducted at Rutgers University, the researchers...
Student Debt
Proposal to ease students’ debt burden
In legislation recently proposed by a senator, students who took out private loans may have them discharged in bankruptcy cases, an article by the Huffington Post stated on June 25.In the Higher Education Affordability Act introduced by Senator Tom Harkin...
University athletes also burdened by student debt
College students in the U.S. who represent their schools through sports are also burdened by student debt after school is over, a Forbes article stated on June 3.Though some college jocks are privileged enough to be rewarded with complete or partial...
Many people’s tax refunds will be used to pay off debts
With today being the last day to file taxes, many people are anxiously awaiting their tax refunds. However, for many, these tax refunds will go straight to paying off debt.One man in Gainesville reported that he will receive $8,000 in tax refunds, however, every penny...
Students Facing Debt Due to College Loans
The number of pending student loan cases in Birmingham has significantly increased in recent years. Sixty-two lawsuits have been filed against graduated students for their unpaid loans, which is four times the amount that was filed in 2003.Along with rising tuition...
Students Facing Debt Due to College Loans
The number of pending student loan cases in Birmingham has significantly increased in recent years. Sixty-two lawsuits have been filed against graduated students for their unpaid loans, which is four times the amount that was filed in 2003.Along with rising tuition...
Can student loans be discharged in a bankruptcy?
During a bankruptcy filing, filers typically cannot discharge their student loans. However, there are two exceptions to this general rule. First, a student loan may be discharged if it is not guaranteed by the government or is not associated with any program that is...