Gingold Speaks Out on Student Loan Debt and Social Security
Currently there is approximately $1 trillion in outstanding student loan debt. With the floundering economy, many have found themselves struggling to pay back that debt. An increasing number of Americans are looking to bankruptcy for relief.
Unfortunately, student loan debt cannot be wiped out in bankruptcy unless payment would be an undue hardship to the borrower. More traditional forms of debt such as medical bills, credit card debt and unsecured loans, can be wiped out or discharged in bankruptcy. Many frustrated borrowers throw up their hands after a while and simply ...






