Remember student debt? We haven’t heard much about the topic since Sen. Bernie Sanders (I-Vt.) campaigned across the country promising tuition-free college for everyone. Since Donald Trump took over the White House, student debt has wandered in the vast wilderness of Republican-led politics. But we ignore student loans at our peril. Not only do high levels […]
If you are considering dropping out of law school, or, worse, you're on the verge of failing out, you might be wondering about all that student loan debt you took on. Unfortunately, unlike just about every other kind of debt, student loans cannot be discharged via bankruptcy. This means......
A new research from the Brookings Institution has shed some light on the exploding student debt crisis in the U.S. The numbers are horrifying (for details see https://www.brookings.edu/wp-content/uploads/2018/01/scott-clayton-report.pdf) (emphasis... The post Student Loans Debt Crisis: It Only Gets Worse was originally published at The Wall Street Examiner. Follow the money!
21ST CENTURY RELATIONSHIPS: These College Girls Are All Making Their Money (And Paying Off Student Loans) By Being “Sugar Babies.”
The Trump administration is moving to roll back a laundry list of financial regulations aimed at prootecting consumers and workers.
There's no doubt about the fact that law school is expensive. Most law students have to take out student loans in order to afford it. To reduce the financial burden, most students will seek out summer work, and many students will also explore working during the school year. Although......
Student loan figures are staggering, and as the amount borrowed rises, so too do defaults. Failing to pay your student loan can cause serious fallout. Unlike other types of debt, student loans cannot be discharged during bankruptcy. Defaulting is nothing to be taken lightly. According to Student...
Over the last two years, the U.S. Department of Education’s Office of Federal Student Aid has quietly released additional data on the federal government’s portfolio of nearly $1.4 trillion in student loans. I was on the FSA website today looking up the most recent data on Public Service Loan Forgiveness employment certification forms (up to... Read more »
Borrow less while in law school to save thousands of dollars on interest payments you will not need to make in the future.
If you're not careful, you could end up carrying your student debt until you're old(er) and gray.
Over three years ago, when the full extent of the student debt crisis was becoming apparent, the Treasury Borrowing Advisory Committee released a startling analysis and long-term forecast which showed two things: i) up to a third of all student loans are likely to end up unrepaid... ... Show More Summary
The Department of Education on Thursday selected two firms to help collect unpaid student loans — one of which, Performant Financial Corp., once had financial ties to Education Secretary Betsy DeVos. According to The Washington Post, the Education Department said that the proposals offered by Performant, which DeVos invested in prior to becoming secretary, as […]
A federal judge in Denver has sentenced a woman to two years in prison for her role in using the credit histories of 181 unsuspecting prison inmates to get $582,000 … Click to Continue »
Some borrowers think they are on their way to student loan forgiveness. Surprise.
A new Brookings Institution report projects substantially worst student loan defaults than previous estimates. The report predicts as much as 40% of students could be in default by 2030. There are $1.4 trillion in US student loans outstanding,...Show More Summary
Why don’t more young Americans go for apprenticeships as opposed to enrolling in college? That question becomes more and more important as a) huge numbers of college “educated” students struggle to repay their student loans, b) manyShow More Summary
“A company that once had financial ties to Education Secretary Betsy DeVos was one of two firms selected by the U.S. Department of Education to help the agency collect overdue student loans. The deal could be worth hundreds of millions [...]
Here’s one of the worst problems with federal student loans: The government makes it easy for kids who don’t belong in college to borrow money to attend schools that merely pretend to educate them. Sometimes those schools used dodgy tactics to get the students to enroll. Show More Summary
Saturday: Polsky: The New Libel Tax Proposed Changes To Student Loans Worry New AALS President Wendy Perdue AALS Tax Section Panel: Tax Legislation In The 115th Congress The Top Five New Tax Papers Sunday: This Week's Ten Most Popular TaxProf Blog Posts NY Times: As Flow Of Foreign Students Wanes,...