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	<title>Comments on: The Dark Side of Private Student Loans</title>
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		<title>By: Scott</title>
		<link>http://www.savvystudent.com/the-dark-side-of-private-student-loans/comment-page-1#comment-9</link>
		<dc:creator>Scott</dc:creator>
		<pubDate>Tue, 04 Nov 2008 08:49:34 +0000</pubDate>
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		<description>In the past, if things got really bad for former students with private loan debt they could file bankruptcy and sometimes have their debt erased.  That’s not a possibility anymore.  Now private loans are treated just like federal ones in terms of bankruptcy law and that means you need to be nearly destitute before you can climb out from under the debt.</description>
		<content:encoded><![CDATA[<p>In the past, if things got really bad for former students with private loan debt they could file bankruptcy and sometimes have their debt erased.  That’s not a possibility anymore.  Now private loans are treated just like federal ones in terms of bankruptcy law and that means you need to be nearly destitute before you can climb out from under the debt.</p>
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		<title>By: Scott</title>
		<link>http://www.savvystudent.com/the-dark-side-of-private-student-loans/comment-page-1#comment-8</link>
		<dc:creator>Scott</dc:creator>
		<pubDate>Tue, 04 Nov 2008 08:46:48 +0000</pubDate>
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