<prompt> Human: Just discovered my fiance is in severe credit card debt. We are both in college, herself for the first time, while Im back on the 911 GI Bill from military service. Well, I just found out she has right about 28,500 in credit card debt from 2 cards. She had a really good job for 2 years with her aunts company, earned good money which allowed her to get high limits, and spent and spent. The company imploded so she came to school, and according to her and the payment records, she has been sitting at around 28,000-30,000 principle due for about a year, paying only minimums as she no longer has any money and is a waitress. Monthly she barely covers her rent, CC payments, utilities, etc... Well, I have zero debt, and we marry in June. We have been offered student loans for the new semester starting soon, and Im wondering if we should take them to reduce the overall interest and monthly burden we are facing. Here are the numbers: CC 1: Owes 9,250 30 APR. Monthly minimum is about 255. CC 2: Owes 19,250 15 APR. Monthly minimum is about 450. Student loan offer 1: Direct subsidized loan for 5,500 4.29. Would not have to start paying back till around December 2018.Student loan offer 2: Direct unsubsidized loan for 7,000 4.29, but start paying back immediately. From what I gather, would pay around 72month immediately. Is this a no-brainer? At 4.29 for each, should I jump at the chance of trading the high APRs for a small rate? I know Im going to have to pay all of it off, but right now the interest is killing herus, and is not really moving the principle down. I think the Subsidized Loan is an immediate Yes decision, but what do you suggest I do about the Unsubsidized Loan? Any advice is appreciated!! Thanks!Edit: Ill clear this up, as I left it out. Because of my GI Bill, my tuition is completely paid for, and I receive a stipend for books and monthly housing about 1,300month tax free. So for me to attend college, its free. Any loan I take out wont be directed at any school costs due to that. Edit 2: Some people have commented on bankruptcy law, which completely confuses me. She is struggling with debt, yes, but this isnt something to declare bankruptcy on. I think thats pretty out of line and honestly kinda cowardly. I myself have had problems in the past, but I manned up and figured it out, didnt go declare bankruptcy. She racked up bills, were going to pay them. The question then is focused around the mathematics of the problem. Would it be advisable to take student loans out to pay the CCs, and save thousands and thousands in interest? Money in the future is not a problem, just at the moment. We both are in line for walking into jobs with great pay nurse for her, anesthesiologist for myself, and paying back sometime in the future will be zero problem, but not at the exact moment as we are in school. 2 Years from now we will be able to rid that debt inside of a span of 3-4 months. Bankruptcy seems like a pretty drastic and stupid move considering how poorly it affects her credit.  <response>: Well there are three problems I see with that:1. Student loan debt cannot be discharged in bankruptcy. Credit card debt can.2. Most student loans have an agreement that you can only use that money for school-related purposes. Granted, those rules arent enforced very well, but if the loan provider government in this case was to find out legal action could be taken.3. Most student loans are distributed directly to the collegeuniversity to pay the direct costs first aka: tuition, dorms, etc.. Only after all of the direct costs been paid is it used to pay the indirect costs living expenses. So even if you get 12.5k in student loans, you may only see a few thousand in cash. 