Category: Illinois | Student Loans

When student loan debt reaches that point, it stops being about spreadsheets and starts affecting real decisions. Career choices. Living arrangements. Even whether it feels safe to slow down for a moment. That’s when people stop asking how to manage and start asking how to get out. What causes student loan debt to become unmanageable? It usually isn’t recklessness. Most borrowers don’t wake up one day having “failed” at repayment. The.......................

If you’ve ever looked at your credit report and felt that familiar knot in your stomach after spotting your student loans, you’re far from alone. Many people come to me with the same question: how exactly do these loans end up on the report, and more importantly, how to remove student loans from credit report when something doesn’t look right. Student loan information can sit on your profile for years, shaping everything from your.......................

In a recent Bloomberg article published August 5, 2025, the economic alarm bells started ringing loud and clear: more Americans are behind on their student loans than at any time in over two decades. In the second quarter of 2025 alone, 12.9% of all student loans became 90 days or more delinquent - a record high since the New York Federal Reserve began tracking the data 21 years ago.......................

The student loan crisis in America is staggering—over 42 million borrowers, nearly $1.8 trillion in outstanding debt, and countless lives burdened by payments that never seem to end. For years, borrowers have been told there’s no escape. “You can’t get rid of student loans in bankruptcy.” That statement, repeated endlessly by the media, financial advisors, and even attorneys, has effectively become gospel....................

There are several programs that provide student debt relief. Some common types of student loan debt relief include income driven repayment plans, public service and teacher loan forgiveness programs, loan consolidation, and loan rehabilitation. Each program has unique ..............

In today's digital age, the old adage "Don't believe everything you read" rings truer than ever, especially when it comes to navigating complex topics such as bankruptcy law. A recent article on Investopedia, a platform many trust for financial guidance, has presented misleading and outdated............

In recent years, the burden of student loans has weighed heavily on millions of Americans. This burden was exacerbated by the Supreme Court's recent decision to strike down President Biden’s student loan forgiveness plan..........

As we edge closer to October, millions of Americans are bracing themselves for the resumption of their student loan payments. This looming deadline is set against a backdrop of rising financial distress. A recent survey by Morgan Stanley found that an alarming 34% of respondents said they would not be able to make any..........

Do you feel like you are drowning in student loan debt? Are the payments taking all of your spare income each month and leaving little for other essentials? If so, it’s not surprising. Nearly 43 million Americans owe over 1.6 trillion in student loans, causing many to refer to the situation as a full-blown crisis......

New Process Announced to Discharge Student Loan Debt. On Thursday, November 17, 2022, the Department of Justice, in cooperation with the Department of Education, announced new guidelines to make it easier and to discharge student loans. In my opinion ....