Currently, Americans owe more than 1.2 trillion dollars in student loans.  This exceeds all other categories of consumer debt, including credit cards and auto loans.  Some predict that this massive amount of student loan debt will be the next big crisis for our economy. A private student loan is a...

The weak economy and an uncompromising job market has led individuals to seek refuge through higher education. However, a rising cost of education and the high interest rates of private student loans has suffocated recent graduates. University graduates are unable to afford rent, housing, and...

As a bankruptcy attorney in New York City, I meet many people in all kinds of debt.  Since I began practicing bankruptcy law in the 1980’s, one area of debt has increased dramatically -- student loan debt.  During the 1980’s and most of the 1990’s, student loan debt was not a big problem, because...