Matt Olberding has 18 years of experience as a reporter and editor at newspapers in Nebraska, Minnesota and Florida, including the past eight years as a business reporter and blogger specializing in residential and commercial real estate as well as personal finance. He has also worked as a freelance writer and editor for various websites, including Zacks, Motley Fool, Livestrong and Chron.com.
It’s a common misconception that you cannot discharge student loan debt through the bankruptcy process. It is, however, very difficult. You must show that paying back the student loan will impose an “undue hardship” on you financially.
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