August 18, 2017

Student Loans: What if I Refuse to Pay?

Much has been said lately about student loans, the high default rate involved with these loans, and the hardship, if not downright misery, that these loans can cause.  Now a new movement is afoot by various groups to refuse to pay student loans.  Given what I perceive to be a growing storm of discontent regarding student loans, I feel that it is now the time for me to express my opinion. To … [Read more...]

What can I do about Student Loans I can’t Repay?

Many of my clients owe tens of thousands of dollars in student loans, either for their own education or their children’s, and this debt can be a real and crushing financial burden. The total outstanding student loan balance is $1.08 trillion. According to Forbes, 11.5% of it is 90+ days delinquent or in default, a number on the rise consistently since 2003. The delinquency rate on student loans … [Read more...]