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A financial counselor swamped with $350,000 of student debt explains why he’s banking on loan forgiveness — and shares how he managed to pay $0 in 2019

student debt

  • Adam Kol, a couples financial counselor, doesn’t plan on paying back his $350,000 student loan debt in full.
  • Due to his current financial situation, it makes more sense economically for Kol to eschew payments and aim for loan forgiveness instead.
  • In 2019, Kol paid nothing back due to his negligible income.
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Adam Kol, a couples financial counselor, has $350,000 worth of student loans.

“All of the debt came from law school; specifically Duke University School of law in Durham, North Carolina — and then an LLM, which is basically a one-year masters in tax law that read more >>>

Source:: BusinessInsider.Com