Tidal Wave Of Students Seek Debt Forgiveness
The year of the 2015 will now be marked as year of the student loan-crisis. Last year, the number of students who applied to have their student debts forgiven under the Education Department’s obscure defense to repayment (DTR) program capped out at somewhere north of 7,500. This doesn’t sound like much, but it’s a jump from the five that were filed between 1990 to 2015. When students try to escape their loans, the general rule is, “tough luck....