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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A Look at Sallie Mae and Other Student Loans Discharged in Bankruptcy in 2012

This article is part of my ongoing look at the possibility of discharging student loans in bankruptcy. It is a followup to my article here where I looked at federal student loans that received a modification, settlement or elimination as part of a bankruptcy adversary proceeding filing in 2012. This time I’m taking a look …

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