Category: Student Loans

Student debt written on sticky note and money

Discharging student loans through bankruptcy is so notoriously difficult, many people think it is impossible. Fortunately, that is not the case. However, successfully discharging your student loan debt does present certain challenges. In July of 2021, a federal appeals court in New York ruled that private student loans cannot be…

young folks studying

The average borrower will take approximately 20 years to pay off their student loans. Of course, the amount of time it takes to become free of student loans will depend on a borrower’s employment and financial situation, the type of school they attended, and the degree they earned while in…

college student with loans walking out of a building

The cost of obtaining higher education in Florida, and throughout the rest of Florida, has risen to astronomical heights. Students are told from an early age that in order to achieve the “American Dream,” they must obtain a college or university degree and work hard in order to be successful….

Close view business woman hand calculating

Student loan debt in the United States is over $1.71 trillion, with more than 44.7 million Americans carrying this type of debt. The number of people taking on student loan debt is growing higher every day. According to the Bureau of Labor Statistics, the number of people taking out student…

student loan letters on wood

In the United States, there are 45 million borrowers that owe almost $1.6 trillion in student loan debt. That number represents the second-highest category of consumer debt, with only mortgages exceeding it. A recent study titled “National Financial Capability Study” conducted by the Financial Industry Regulatory Authority’s Investor Education Foundation…