The cost of education has skyrocketed over the years. Almost every student that attends any form of higher education is required to take out student loans just to pay for coursework. Some students are exiting college after four years with enough student loan to pay for two single family homes.
Bankruptcy often becomes a real option for individuals struggling to make ends meet after graduation. However, before filing a petition for bankruptcy, it is important that you are aware of the requirements and also aware of what things may or may not be dischargeable.