The Department of Education under Betsy DeVos seems to be broken when it comes to overseeing student loan programs. Deep issues are preventing debtors from getting access to programs and forgiveness under the law. The biggest broken programs are Public Service Loan Forgiveness, Borrower Defense to Repayment, Closed School Discharges, and now a new class-action …
President Trump and Education Secretary Betsy DeVos remind me of the two bullies in The Christmas Story: Scott Farkus and Grover Dill, who spend their days terrorizing elementary-school kids. Since Trump was elected, his administration has aggressively signaled that it does it not give a goddamn about student-loan debtors. In fact, his people seem to …
The Attorney General of Massachusetts has had enough of the complaints of incompetence about FedLoan Servicing (AKA Pennsylvania Higher Education Assistance Agency, PHEAA). In this unrelated case the U.S. Department of Education has been arguing that although their company assigned to manage the Public Service Loan Forgiveness (PSLF) program is making mistakes by saying people …
Question: Dear Steve, Several years back my married daughter had been working and due do the economy had been losing many jobs. She decided to go back to school to hopefully get a better job. Of course to make all this happen she needed to apply for student loans. In order to get the loans …
Times are changing when it comes to being able to discharge student loans in bankruptcy. And while the road has been paved by a few who have been successful, one 2013 case decided by the U.S. Appeals Court in the Ninth Circuit seems like it gives hope to those who want to discharge their student …
“Dear Steve, I have a family of four and spouse who is an fulltime student. Income cut in half because of economy. Sinking fast and have exhausted all savings and 401k trying to stay afloat My wages are being garnished by AES/PHEAA for defaulted student loan. I requested an economic hardship hearing in writing at …
