Milwaukee #13 on Highest Student Loans

milwaukee personal injury lawyer, mba programs in minnesota, minnesota student loan forgiveness
Milwaukee ranks thirteen highest state in the country with student loans.

Milwaukee #13 on Highest Student Loans

A study by MagnifyMoney concluded that more than 7 percent of residents in Milwaukee owe more on their student loans than their mortgages, ranking the city number thirteen.

Student loan debt continues to be a crisis now that student loans have surpassed more than $1.3 trillion, second only to mortgages nationwide which is at almost $10 trillion.

Even worse, bankruptcy doesn’t seem to be an option anytime soon and with such a high threshold to qualify student loans for bankruptcies, very few debtors qualify. Based on my experience, none of my clients have met that standard, but I did represent one teacher that owed approximately $90,000 in student loans. She was in her early fifties. While I qualified her for a chapter 7 bankruptcy, her student loan debt remained.

However, since my client was nearing retirement age, I advised her she could revisit that issue upon retirement since she would have a substantial loss of income.

If you have any doubt concerning refinancing student loans or bankruptcies, consult with an experienced attorney. You should also research numerous states that offer student loan forgiveness programs.

Alexander Hernandez, Esq.
Twitter @mcatty_alex

 

i have too much student loan debt, lawyer for student loan debt, solutions to student loan debt

 

 

 

Student Loan Forgiveness Isn’t Working

The Department of Education released data that shows how ineffective the student loan forgiveness program has been.

 

refinance student loans, student loan refinance rates, students loan debt, i have too much student loan debts,

Highest Ranked States with Student Loan Debts

State rankings on student loans.

 

how to get a student loan, bankruptcy attorney, student loan refinance calculator, refinance student loans, consolidate student loans

 

 

 

 

 

Two Trillion for Student Loan Debt Crisis

Student loan debt is increasing by as much as $30 billion each quarter and is predicted to hit $2 trillion by 2021.

 

Alexander Hernandez

Alexander Hernandez represents clients in the areas of Chapter 7 Bankruptcy, Family Law/Divorce, and car and motorcycle accidents. (904) 712-5565 or (305)-688-LAWS (5297).

Comments and opinions always welcomed

%d bloggers like this: