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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. 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 ...

  4. How to settle credit card debt - AOL

    www.aol.com/finance/settle-credit-card-debt...

    While the Federal Reserve Bank of New York’s Household Debt and Credit Report for Q1 ... Debt consolidation loans: With debt consolidation, you transfer multiple smaller debts into one larger ...

  5. 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.

  6. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3] Student loan debt has proliferated since 2006, totaling $1.73 trillion by July 2021. In 2019, students who borrowed to complete a bachelor's degree had ...

  7. Student loans: Advocates cheer new guidance for debt ... - AOL

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

    New guidance. In theory, student loan debt can be discharged in a bankruptcy proceeding. If the bankruptcy court approves the discharge, the debtor has to submit a separate filing to prove ...

  8. Student Borrower Protection Center - Wikipedia

    en.wikipedia.org/wiki/Student_Borrower...

    History. The Student Borrower Protection Center was founded in late 2018 by Seth Frotman, former student loan ombudsman at the Consumer Financial Protection Bureau; Mike Pierce, former lead higher education and consumer protection adviser at the bureau; and Bonnie Latreille, a former advisor to Frotman at the bureau.

  9. Biden administration announces next steps for fall student ...

    www.aol.com/news/biden-administration-announces...

    July 31, 2024 at 5:00 AM. The Biden administration announced Wednesday the next steps for student debt relief this fall. On Thursday, the Department of Education will begin emailing borrowers who ...

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