Why Defaulting on Private Student Loans is Not as Crazy or Irresponsible as it Sounds

Not long ago I answered a reader question and suggested they consider stopping payment on their cosigned private student loan in the face of no other better solution. You can see that reader Q&A here. In response to that post I received some feedback which is not unusual from people who don’t understand the complexity …

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Millions of Federal Student Loans Lining Up to Be Eliminated and Borrowers Repaid

As a consumer debt expert for decades I’ve developed a pretty good sense of reading the tea leaves of debt. Sometimes this means making some sense out of puzzle pieces well in advance of assembly. I’m getting that same strong sense that student loan debtors are on the verge of a bold new ability to …

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