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Horlick added that many people are still convinced that if they file
bankruptcy that their student loans will be discharged, which isn’t
true.
“We make people sign written statements that clarify that we, as
attorneys, have told them that they still owe their student loans even
after declaring bankruptcy,” Horlick said.
Going to college is the first major financial decision an individual
makes and, if funded by federal or private loans, it is something that
will affect them long after graduation, Stanger said.
“Students are so focused on getting to college, that we’ll keep
borrowing money to achieve it, but we really, really need to read the
fine print on these loans so that we aren’t paying them off forever,”
Linville said.
Computer Educational Loans: www.my-quickloans.com
bankruptcy that their student loans will be discharged, which isn’t
true.
“We make people sign written statements that clarify that we, as
attorneys, have told them that they still owe their student loans even
after declaring bankruptcy,” Horlick said.
Going to college is the first major financial decision an individual
makes and, if funded by federal or private loans, it is something that
will affect them long after graduation, Stanger said.
“Students are so focused on getting to college, that we’ll keep
borrowing money to achieve it, but we really, really need to read the
fine print on these loans so that we aren’t paying them off forever,”
Linville said.
Computer Educational Loans: www.my-quickloans.com