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Student Loan Debt Crisis Symposium Review

This past Friday I attended the ABI's (American Bankruptcy Institute) Student Loan Debt Crisis Symposium.  It was...um...interesting.  I say that because I came in with a unique perspective, being in the trenches and all.  For me, it was more review and less of an informative or "problem solving" . . .
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Student Loans and Military Personal

Yesterday was Memorial Day, so it is only proper that I discuss protections from student loans for those who serve our country. SCRA The Servicemembers Civil Relief Act has many provisions that apply to many other debts besides student loans.  The important one here is the interest rate cap.  All . . .
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Dear ED: Clarify Undue Hardship

On May 16, 2014, seven Congressmen/women sent a letter to Secretary of Education, Arne Duncan, asking for clarification of "Undue Hardship" to allow Federal student loans to be discharged in bankruptcy.  The signers of the letter were Senators Dick Durbin (D-IL), Jack Reed (D-RI) and Elizabeth . . .
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“Bank on Students Emergency Loan Refinancing Act” in Plain English

Yesterday, Senator Elizabeth Warren (D-MA) introduced legislation aimed to help level the playing field for student loan borrowers.  The main goal is to lower interest rates on ALL student loans (Fed and Private) to a fixed amount for the duration of the loan term.  The theory being that if interest . . .
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Please Excuse My Dear Aunt Sallie

If you remember grammar school math, you'll understand the reference. By Aunt Sallie we mean dear old Sallie Mae, the biggest fish in the student loan industry. Finally, someone in government noticed something fishy and launched an investigation. First, lets thank the Huffington Post for their . . .
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How the Fiscal Cliff Affects Financial Aid

I came across this article and thought I'd post for those interested.  It's a very short article which answers the question, "How did the recent actions to avoid the fiscal cliff affect Financial Aid?" . . .
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