Can I really wipe out student loans with National Collegiate Student Loan Trust (NCSLT)?

A recent media firestorm has been reporting that up to $5 billion in student loans with National Collegiate Student Loan Trust (NCSLT) could be wiped out.  Unfortunately, the media (as usual) has sensationalized their reporting and not done a very accurate job of explaining the situation involving NCSLT. Most of the time when student loans are discharged, it is part…

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