Tag: student loans

Student loan debt written on a chalk board

During the steel and coal busts of the 1980s, applications for federal disability benefits rose in areas where these industries had laid off workers. Now there’s a 21st century reason to apply: student loans. College debt is extremely difficult to discharge in the bankruptcy courts. But the U.S. Department of Education in 2013 opened a…

Images of growing stacking coins and Hand putting coin into glas

Several young adults in my life have been derailed by the COVID-19 recession. A few examples. My daughter-in-law just finished her graduate degree in occupational therapy and sailed through her certification only to be met by a stalled job market. A friend’s daughter, fresh out of nursing school, has already been turned down for on…