The current system is way beyond repressive. You can get forgiveness for any debt, including IRS back taxes...except student loans. Example in a just published court ruling, a woman, permanently disabled (yes, she is actually disabled) filed for bankruptcy, court held that she could not negotiate or reduce the loan amount, even though she is now on disability, income below the poverty level.
These loans have become a noose around the borrower’s neck, not the aid to education.
[ The current system is way beyond repressive. You can get forgiveness for any debt, including IRS back taxes...except student loans. Example in a just published court ruling, a woman, permanently disabled (yes, she is actually disabled) filed for bankruptcy, court held that she could not negotiate or reduce the loan amount, even though she is now on disability, income below the poverty level.
These loans have become a noose around the borrower’s neck, not the aid to education. ]
The Main reason my student loan, despite having the lowest interest rate was paid off FIRST!
That's awful. Pay them off.