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Post-Election Chopping Block

Regardless of your emotional response to the election results, the question on your mind now is, "Now what?". Will student loan programs be axed? Will some be saved? The door is wide open to possibilities, but lets start with what the new President can and can't do. There are issues that are within . . .
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ITT Loan Escape Plans

If you're an ITT student, or know one, you know that ITT is closed effective September 6, 2016. No matter how it went down, the question you want answered now is what to do about your student loans. The short answer is, I really don't know. What follows is my suggestions, as The Student Loan Lawyer. . . .
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Josh Talks With NPR on Lawsuits for Private Student Loans

WNYC Radio's The Takeaway recently launched a year-long conversation about community colleges. On Thursday, November 19, 2015 I had the privilege of sitting down with John Hockenberry, the host of the show, to discuss a problem faced by those who decide to opt for a community college as a more . . .
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6 Lies Told by Student Loan Assistance Scamsters

I took a phone call today from a "student loan assistance company" on my personal phone. As the Student Loan Lawyer, I was intrigued. Perhaps the gentleman on the other end of the line had valuable information. After all, companies such as his are making a splash with student loan borrowers these . . .
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Victims of 9/11 Student Loan Forgiveness

Spouses of 9/11 victims and first responders may be able to get their federal student loans forgiven. The benefit, created in 2006 yet largely unpublicized, was passed without fanfare or press coverage. As time passes the benefit is of less significance, but for those it may help the power is . . .
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Under Pressure, Government Offers Corinthian College Student Loan Debt Relief

On June 8, 2015, the Department of Education (ED) announced forgiveness for students attending Corinthian Schools - the for-profit chain that recently fell like the house of cards that it was. It all started in May 2104 when Corinthian missed a deadline to provide a number of requested documents . . .
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What’s the Most Reliable Way to Get Information About Your Federal Student Loans?

The National Student Loan Data System is the first place to go when you’re trying to get information about your Federal student loans. The system is run by the U.S. Department of Education, and is completely free to use. To get into the system, go to www.NSLDS.ed.gov and log in using your FSA . . .
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The Lies They Tell In a Student Loan Relief Scam Business

Want to start a student loan relief business? According to a recent ad that will give you all the tools to do just that, you can learn the tricks that let you cut someone's private student loan payment by more than 50%. Clients who sign up for this program apparently also get a written guarantee . . .
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Student Loan Bill of Rights

On March 10, 2015, President Obama introduced the Student Aid Bill of Rights; another executive action to deal with student loan debt. Read the official Memorandum. Let's take a look at some of the details. State-of-the-Art Complaint and Feedback System The President is requesting a "simple . . .
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IBR, ICR, PAYE, and IBR. Wait, what?

Dealing with Federal loans means understanding industrial acronyms. But what do you do when the same acronym means different things - or multiple acronyms mean almost the same thing. Does a letter really make a difference? You bet it does! Today we'll discuss income driven plans - repayment based . . .
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