Comments on: What Is Student Loan Forbearance and Should You Consider It? https://thecollegeinvestor.com/20236/student-loan-forbearance/ Navigating Money And Education Sat, 19 Aug 2023 20:08:16 +0000 hourly 1 By: Robert Farrington https://thecollegeinvestor.com/20236/student-loan-forbearance/#comment-328455 Sun, 01 Oct 2017 03:08:18 +0000 https://thecollegeinvestor.com/?p=20236#comment-328455 In reply to Jeremy.

It could be a potentially helpful solution, but it comes with a big catch – the collateral for student loan debt is your ability to earn in the future. It’s the reason anyone can get student loans, no credit check is necessary, etc.

So, if you suddenly allow bankruptcy, the collateral for student loans disappears. What would you suggest to replace it or ensure that lenders maintain a security to be repaid?

]]> By: Jeremy https://thecollegeinvestor.com/20236/student-loan-forbearance/#comment-328444 Sat, 30 Sep 2017 20:13:05 +0000 https://thecollegeinvestor.com/?p=20236#comment-328444 All good ways to manage student loan payments under hardship, but it would be better if the worst-off of us could discharge student loan debt through bankruptcy…

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