Tag: bankruptcy

Student loan debt written on a chalk board

During the steel and coal busts of the 1980s, applications for federal disability benefits rose in areas where these industries had laid off workers. Now there’s a 21st century reason to apply: student loans. College debt is extremely difficult to discharge in the bankruptcy courts. But the U.S. Department of Education in 2013 opened a…

A sculpture looking shameful

It’s easy to overlook the emotions that swirl around money. But they often come to the surface when our financial security is thrown into question. The spread of the coronavirus has kicked Americans’ financial anxieties into high gear, a Kaiser Family Foundation poll found last week. More than half of the workers who were surveyed…