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  2. Student loans and bankruptcy: What you need to know - AOL

    www.aol.com/finance/student-loans-bankruptcy...

    To get student loans discharged, you'll need to prove that they cause you "undue hardship." Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate ...

  3. Student loan statute of limitations: What to know about your ...

    www.aol.com/finance/student-loan-statute...

    Private student loans, on the other hand, have a statute of limitations of anywhere from three to 10 years. After this, they become time-barred. The exact time frame depends on your state of ...

  4. Class-action settlement provides $7.5 billion in student loan ...

    www.aol.com/finance/class-action-settlement...

    Loaded 0%. The Education Secretary on Thursday announced a settlement of claims that would give roughly 264,000 student loan borrowers approximately $7.5 billion in debt relief. The settlement ...

  5. Student Loan Borrowers Are Filing Bankruptcy to Avoid ... - AOL

    www.aol.com/finance/student-loan-borrowers...

    Student loan payments resumed in October 2023, with the average payment estimated at $200 to $299 per month, according to U.S. Federal Reserve data reported on by Fox Business. See: Biden Cancels...

  6. Educational Credit Management Corporation - Wikipedia

    en.wikipedia.org/wiki/Educational_Credit...

    Educational Credit Management Corporation ( ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education.

  7. StudentLoanJustice.org - Wikipedia

    en.wikipedia.org/wiki/StudentLoanJustice.org

    StudentLoanJustice.org is a US grassroots organization founded in 2005 by Alan Collinge with the goal of reforming predatory lending practices in the American student loan industry. Purpose [ edit ] Specifically, the organization calls for the return of standard consumer protections to student loans, including bankruptcy protections and ...

  8. More student loan borrowers are getting relief through ... - AOL

    www.aol.com/news/more-student-loan-borrowers...

    Courtesy Cornell College. More student loan borrowers have successfully received debt relief through bankruptcy after the Biden administration implemented a new policy to make the process easier ...

  9. 7 Ways To Pay Off $100,000 in Student Loan Debt in ... - AOL

    www.aol.com/7-ways-pay-off-100-010008361.html

    Roberts said, “Some employers do not even realize that the CARES Act of 2020, as amended, allows for them to offer $5,250 per employee per year in tax-free student loan repayment assistance ...

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