Posts Tagged ‘Student Loans’

Students Defaulting on Loans Up Seven Percent, With An Average Debt Upon Graduation Over $23,000

Students Defaulting on Loans Up Seven Percent, With An Average Debt Upon Graduation Over $23,000

You have $150,000 in student loan debt and your annual income is $30,000. You don’t see a way you can pay off your loans. You think about bankruptcy, but you’ve heard the qualifications are pretty steep to discharge student loans.

Student loans can be a huge financial burden, but bankruptcy wont necessarily save you from paying.

Student loans help cover the cost of higher education, but they can also pose a financial burden on graduates after graduation. One method for relief is through loan consolidation.



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