Eliminating student loan debt does not suddenly add $ 20,000 to their pockets; it just saves them the monthly payment they owe.
Not exact matches
While most of our work to reduce and
eliminate student loan debt is being
done outside of bankruptcy, there are important intersections between
student loans and bankruptcy that can lead to tens or hundreds of thousands of...
This huge benefit of
eliminating your
debt does not exist for private
student loans.
Finally, if none of these options work (or none of them totally
eliminate your
student loan debt), the next best thing you can
do is earn more money.
Also remember that bankruptcy typically
does not
eliminate student loan debt.
There are programs offered by the Government that allow
students looking to pay - off their
loans to
do community service and / or teach in certain areas in exchange for
eliminating their
debt.
My federal
student loan debt is over $ 100,000, and if this program is
eliminated, it would be untenable for me to continue
doing the work I
do as an attorney, which involves providing free legal representation for people who have experienced discrimination.
Never mind
debt refinancing or consolidation; some phony
student loan scams will claim they can
eliminate your
debt completely — and
do a better job than Obama or Trump would ever
do.