Problems with student loan debt pushed Congress to create a seemingly straightforward law in the 1990s to help borrowers lower default rates by consolidating debt with their spouses. Two decades later, divorced borrowers are struggling with the unforeseen consequences. “This problem, in particular, is a great metaphor for how broken the student loan system is,” Bonnie Latreille, director of research and advocacy at the Student Borrower Protection Center, told Yahoo Finance. “This product was… Source link
Read More »Divorced student debtors detail anguish over 1990s law that’s turned into a ‘nightmare’
