student loan advice

How many kinds of federal student loans are there?

How many kinds of federal student loans are there?


Harriet J. asks: How many kinds of federal student loans are there? I know about the Perkins Student Loan, Stafford and Grad PLUS Loans but I’m not sure about others. I also know you can get private student loans from different lenders. Also, I need to know when to apply for the student loans?

Can student loans be written off in a bankruptcy?

Student Loan Advice

Mathew S asks: I am filing for bankruptcy and have several student loans. Can student loans be written off in a bankruptcy? Or do I still have to repay my student loans? Help! I need some student loan advice quickly!

Student Loan Guru: Under most circumstances Federal student loans cannot be discharged in bankruptcy. Isn’t it convienent the way the U.S. Government set this up? Many times, student loans are the reason many young people get into financial trouble.