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McDaniel v Navient 10th Circuit Appeals

The 10th circuit court of appeals confirmed the discharge of $200,000 private student loans. How big a deal is this? Let me explain. https://www.facebook.com/TheStudentLoanLawyer/videos/626384491640896/ . . .
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How to Get Rid of Your Student Loan

Everyone wants to get rid of their student loans. Let's talk about how you can do that. . . .
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PSLF Application and the Big Bug

It's here! Finally! The long awaited application for Public Service Loan Forgiveness (PSLF). True to Dept. of Ed fashion, it has one big bug in it. The kind that you don't want to step on because you know it'll be messy. But first, lets discuss what PSLF is, and then we can look at the form. What . . .
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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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What You Don’t Know About Student Loans Can Really Hurt!

IBR, ICR, and PAYE – the income driven repayment plans: These three plans, Income Based Repayment (IBR), Income Contingent Repayment (ICR), and Pay As You Earn (PAYE), are all based on your income. That means low income earners, or those on social security, can qualify for an exceptionally low . . .
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Bankruptcy is not the answer…or is it?

When it comes to student loans, bankruptcy tends to be useless. But not always. Sometimes it can help. Sometimes it can hurt. Let's take a deeper look. Bankruptcy Helps If you have a federal student loan with a wage garnishment or social security offset, a bankruptcy can offer protection. Once a . . .
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Fear not the Difficulty of Discharging Student Loans in Bankruptcy

True or false? Discharging a student loan in bankruptcy is insanely difficult. If you answered, you're correct. True Because perception is often reality, and the perception is that discharging student loans in bankruptcy is difficult, most folks believe this, attorney and non-attorneys alike. . . .
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This is the end…

I pondered all the songs that could be appropriate for this post - ding dong the witch is dead, deadman's party, celebration time, the list goes on.  But in the end, sing what you want, because it appears the death knell is ringing.  Corinthian colleges is on its way out. Corinthian Colleges I . . .
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For-Profit School Status Report

For-profit schools are often in the news, especially when discussing student loan debt.  It's a statistical truth that their students have a higher rate of default, a higher drop-out rate, and more often require private student loans.  These students are also more often sub-prime borrowers.  Lets . . .
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