Questioning Student Debt


The Washington Post reports that nearly 30% of college students who took out educational loans dropped out of college.  Those who leave school early are then four times more likely to fall behind on their educational debt obligation.  This is occurring against the backdrop of student debt now exceeding $1 trillion.  

Because student loans are (practically) non-dischargeable in bankruptcy, these facts further highlight the debt and bankruptcy complications we are likely to soon encounter from such a high level of non-dischargeable debt.