Federal student loan debt can generally be discharged in bankruptcy only if the debtor shows that repaying the debt would impose hardship on the debtor.
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We all make mistakes in our 20s. Financial ones, however, can impact us for the rest of our life. Fix your student loans, invest, and start budgeting today.
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In California, the average college student debt is over $21,000. The risk of defaulting on student loans is greater depending on parents' income.
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At age 55, you expect to retire, or at least begin to think about retirement. But there's one thing: You still have student loans to pay back.
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Paying back student loans is a drag. Some frustrated borrowers are trying a new tactic - moving overseas to avoid repayment.
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