I’m sorry, but this is a debt they were made aware could not be cleared because of bankruptcy. They should have made better choices.
The greater question is, why is a person of retirement age STILL on the hook for student loans to be repaid? Was it a matter of co-signing with a younger person, or was the payment so stretched out that after some forty years or so, there was still a balance unpaid?
No educational program is worth that much. Maybe it is time for the entity that extended the money creating the student loan debt in the first place to take a write-down of the remaining debt. Blood from turnips, and all.
“I’m sorry, but this is a debt they were made aware could not be cleared because of bankruptcy. They should have made better choices.”
Everyone knows that the big money is in social work. Now, that’s a laudable persuasion. But you’d better either have a lot of money that you or your parents/spouse made in other ways or plan on eating Ramen noodles. Sorry, but my give-a-crap meter is registering 0.0.
Precisely. The parents should have been smart enough to see this coming, just as junior, who wanted a 4-year degree in “The Mating Habits of the Red Wiggler”.