Q: I didn’t pay my student loans. My $20,000 in student loans is now up to $90,000. I am on unemployment. What is going to happen? A: This is a tough situation for people. You go to school and borrow money with the expectation that you will be able to pay it back when you get a job. And when the economy goes south, many people lose the ability to pay their student loans. So, what do you do? Unlike credit cards or personal loans, student loans generally are not dischargable in bankruptcy. That means you cannot get rid of the debt solely by filing for bankruptcy and moving on with life. You are going to have to pay them back. Your first shot should be a deferment. If you are not working,