Family Income: 20,000 a year
Family Size: Two adults, two small children, not yet in school.
Student Loans = $60,000
Credit Cards = $10,000 (guess - they are not sure - all cards are maxed out)
Filed bankruptcy approximately three years ago. Student loans are not allowed to be included in bankruptcies (as far as I know).
This is obviously a financial disaster and I feel for them and how hopeless their situation seems. When you feel that your finances are the worst, try to remember this family and others that are obviously in the same boat.