Have you left college with thousands of dollars in student loan debt obligations? A responsible solution may be available for you.Read More
Do you feel crippled by student loan debt — incurred recently or some time ago? You’re not alone — and you do have options.Read More
In the United States, Student Loan Debt has become the Millennials' burden. Surveys show that millennials visit bank branches less, value online banking more and carry higher levels of debt than prior generations—but not bank debt. Millennials carry more debt because they have seen education costs rise sharply and have overwhelmingly turned to student loans issued by the federal government to cover these costs.
Research by Harvard’s Joint Center for Housing Studies confirms this, showing that for households aged 20-39, the incidence of student loan debt rose from 16 percent in 1989 to 39 percent in 2013. Measured in constant dollars, there has been a drastic increase in student loan debt burdens of $50,000 or more, quadrupling from 4 percent in 1989 to 17 percent in 2013. With student loan debt having swelled to over $1.2 trillion in the United States, it has become the largest form of consumer debt held by American households.
If you have a Federal Student Loan, you need to stay abreast of actions being taken by the U.S. Department of Education that can affect you — positively or negatively. Learn about what’s happening right now in our latest new story about the Department of Education.
San Diego Attorney Chris Bush is an experienced bankruptcy litigator and Student Loan Debt Resolution specialist. He can help you find the best solution to deal with your student loan debt burden.Read More