Table of Contents
Table of Contents
Student loan debt is frequently in the news as politicians debate solutions to the rising costs of college that lead to sometimes crippling amounts of debt. For those with outstanding student loans, such debt can be discharged in two ways: forgiveness and bankruptcy.
As of Apr. 2024, Americans owed a collective $1.75 trillion in student loan debt, with an average of $28,950 owed per borrower. By comparison, in Dec. 2010, Americans owed…