Sallie mae stopped consolidating loans
If families need to borrow, we recommend they explore federal student loans and then consider a responsible private education loan to fill the gap.
Making minimum payments on my student loans serviced by Sallie Mae Inc.
was no longer merely a challenge – it was getting impossible.
The reality is student loans can be discharged in bankruptcy, both federal and private. Generally the elimination of student loans in bankruptcy requires the individual to prove they create an undue hardship, that is a standard that generally requires an underlying medical condition, but my research is showing that is not always true.
However there are some private student loans, even Sallie Mae student loans, that are exceedingly easy to discharge in bankruptcy without any hardship.