Disappearing student loan debt is a dream for many borrowers.
But for tens of thousands of student borrowers, that dream could become a reality. Billions of dollars in student loans may be wiped out because the lender — The National Collegiate Student Loan Trusts — didn’t keep track of the paperwork.
For the rest of the 44 million student loan borrowers in the US, however, such relief is unlikely to come.
Student loan debt is notoriously hard to shake. Unlike other types of consumer debt, discharging college debt is nearly impossible, even in cases of bankruptcy. Meaning, the government will follow you read more >>>
Source:: BusinessInsider.Com