Earlier this year a Wisconsin Bankruptcy Court decided that debtor Bradley A. Mhyre was entitled to have his student loans discharged in bankruptcy under the Brunner Test for determining undue hardship. In 1994 Mhyre sustained a neck injury that left him paralyzed from the chest down leaving him limited use of his shoulders and arms. […]
A Student Debt Repayment Option for Some Parents
Parents who take out federal Parent Plus loans to help pay for their children’s college education typically don’t qualify for some breaks available to student borrowers themselves, like repayment options that take their income into account. But Mark Kantrowitz, a financial aid expert, says there is a workaround available that may help some parents, especially […]
Student Loan Collection Agencies
A Simpler Way to Complain About Student Loan Collections By ANN CARRNS Agence France-Presse — Getty Images A woman in Los Angeles protests against the high cost of student loans in September. Borrowers who run into trouble with their federal student loans should have an easier time filing complaints about private collection agencies that work […]
