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Tag Archives: undue hardship

Why Can’t You Erase College Tuition Debts in a Bankruptcy?

In America, most private debts outside of home mortgages fall into three primary categories: auto loans, credit cards and student loan obligations. This last category, tuition debt, topped out at $1 trillion in 2012, surpassing the other two categories as it grows as a percentage of total debt in the United States. According to the… Read More »