Shattered Dreams, Consumer Fraud and For-Profit Education
July 04, 2010
by greenbee
It is good news that the Department of Education and Congress are starting to take a closer look at the for-profit higher education industry. Our low-income clients have struggled for […]
Continue Reading →Update on “A lot of Talk, Not Much Action”
July 04, 2010
by greenbee
We previously wrote about our efforts to persuade the Department of Education to resolve a number of problems with policies and programs for financially distressed student loan borrowers. Unfortunately, not […]
Continue Reading →The Department of Education and Financially Distressed Student Loan Borrowers: A lot of Talk, Not much Action
May 24, 2010
by greenbee
We have tried for years to persuade the Department of Education to improve policies and programs for financially distressed student loan borrowers. We hoped the new Administration would act quickly […]
Continue Reading →New Legislation on Student Loans and Bankruptcy
May 11, 2010
by greenbee
In April 2010, separate bills were introduced in the U.S. House and Senate to restore bankruptcy dischargeability of most private student loans. The House Judiciary Committee held a hearing on […]
Continue Reading →What is Going on with Loan Rehabilitation?
April 13, 2010
by greenbee
We wrote a while ago about a new law that was supposed to unclog the loan rehabilitation logjam. Since then, the market has rebounded and according to guaranty agencies, there […]
Continue Reading →Financial Literacy as the Easy Way Out
February 16, 2010
by greenbee
It’s so hard to agree on how to police our credit market place that policymakers (and sometimes advocates) often give up on regulation and call instead for more financial literacy […]
Continue Reading →Quick Review of 2009
December 31, 2009
by greenbee
2009 was a big year in the student loan world. Unfortunately, as the economy has worsened and joblessness rates have increased, more and more student loan borrowers are finding it […]
Continue Reading →When Will the Cycle End?
December 25, 2009
by greenbee
The holiday season can be a time for reflection, so I am thinking back on the student loan borrower clients I have worked with this year. On the positive side, […]
Continue Reading →Private Student Loan Ombuds Program
November 09, 2009
by greenbee
On Thursday, November 5, Senators Sherrod Brown (D-OH), Michael Bennett (D-CO), Al Franken (D-MN) and Barbara Mikulski (D-MD) introduced new legislation (S. 2733) to create a private student loan ombudsman […]
Continue Reading →Rehabilitation Should Work Better for Borrowers
October 26, 2009
by greenbee
Tim Ranzetta at Student Lending Analytics wrote recently about curing student loan defaults and rehabilitation. We have a few responses to this useful article based on our experiences representing […]
Continue Reading →Get Answers
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