We wrote a few weeks ago about the September 8 New York Times article, “Debt Collectors Cashing in on Student Loans.”  The article explains how student loan servicers and collectors […]

The Department of Education released new student loan default rate information in September and it’s not pretty!  The overall two year cohort default rate increased to 9.1% (FY 2012 data).  […]

A recent New York Times article about student loan debt collectors raises a number of important issues that we will be writing about in a series of blogs. The article […]

The Second Circuit recently issued an important decision that highlights student loan collection agency abuses.  The court found that a collection agency’s notice to a student loan borrower stating “Account […]

The Senate Health, Education, Labor and Pensions Committee’s July 2012 report on for-profit higher education contains a wealth of important and shocking information about the for-profit education industry.  Among other […]

 The Student Loan Default Trap: Why Borrowers Default and What Can Be Done,  a new report released on Monday from the National Consumer Law Center’s Student Loan Borrower Assistance Project, […]

The U.S. Senate Banking Subcommittee on Financial Institutions and Consumer Protection held a hearing earlier this week, “Private Student Loans:  Providing Flexibility and Opportunity to Borrowers?” In our testimony, we […]

July 1 was an important date for many student borrowers.  Key changes to student aid programs include: 1.  New students without high school diplomas or GEDs will no longer be […]

The Department of Education posted a new web site for borrowers in default.  It is intended to be a central point of entry for borrowers in default with information about […]

We have written a number of posts about ongoing operational problems at the Department of Education.  We received some encouraging news this week that some of these problems may be […]