08/15/2013 02:06 pm ET Updated Dec 06, 2017

Can My School Loans Really Be Eliminated With Bankruptcy?

Huffington Post Reader Question

Dear Steve,

I took out a Sallie Mae Private Student loan for Radio 1 Broadcast School in LaCrosse, WI. I had one radio job (part time, one time a week) for one year before I decided that if I stayed in radio, I'd never get anywhere money wise.

I also feel that I was inadequately trained in the part of radio that I wanted to get into (behind the scenes, not radio personality), thus I couldn't get the radio positions I really wanted. I have since defaulted on this $10,000+ loan due to financial hardships (I lost multiple jobs in 2010, and the current job I have barely pays the bills I have now) and while I'm not being garnished yet, I feel that may be just around the corner...

Is my Sallie Mae Private student loan able to be discharged in bankruptcy? I'm able to make payments on my federal loans for the two year institution I attended directly after high school, but this one is out of my reach.


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I did lookup information on the Radio1 Broadcast School and from first glance it looks like any private student loans you have for that school should be easily discharged in bankruptcy specifically because the school does not appear to be or have been a qualified educational institution.

You can click here to find a local bankruptcy attorney and talk to them for free about your specific situation. Get the facts and then you can make an informed and educated decision if bankruptcy is right for you.

But when you do talk to a bankruptcy attorney you will want to make sure they have read These Private Student Loans Can Be Easily Discharged in Bankruptcy.

Common assumptions are that no student loan can be discharged in bankruptcy. Those are people I like to call, wrong.

Not only is that not true, but for some private student loans it is simple to discharge them so you actually have a shot at a reasonable life moving forward.

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