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Student Loan Borrower News
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Scammers Cost Student Loan Borrowers Millions of Dollars
October 18, 2017
by Ella Halpine
Many of the 44 million borrowers are struggling to repay their more than $1.4 trillion in student loan debt in the United States. The options for federal student loan borrowers […]
Continue Reading →Student Loan Management When Disaster Strikes
September 13, 2017
By Adam S. Minsky, Esq., Law Office of Adam S. Minsky, Boston, Massachusetts This post originally appeared on http://bostonstudentloanlawyer.com/student-loan-management-disaster-strikes/. It’s a scary time for millions of Americans right now. Much […]
Continue Reading →Education Should Not Rush Into Another Failing Debt Collection Contract
August 16, 2017
by Ella Halpine
According to Politico, late Monday night, the Department of Education told a federal appeals court that a court order blocking its ability to send any newly defaulted student loan borrowers […]
Continue Reading →Important Student Protections Now at Risk: Department of Education Announces Rewrite of Brand-New Borrower Defense and Gainful Employment Rules
July 05, 2017
by DevCollaborative Support
As recently as this April, we explained that Congress chose not to roll back the important protections for defrauded student loan borrowers provided by the Department of Education’s borrower defense […]
Continue Reading →Education’s New Servicing Plan Eliminates Helpful Options for Borrowers
June 16, 2017
by Ella Halpine
Earlier this week, over 150 Members of Congress sent a letter to Secretary of Education Betsy DeVos highlighting concerns surrounding the U.S. Department of Education’s (ED’s) decision to make changes […]
Continue Reading →Parent PLUS Borrowers Lose Affordable Repayment Option Under Trump’s Budget
May 31, 2017
by Ella Halpine
Last Thursday, President Trump announced his budget plan, which includes some dramatic changes for student loan borrowers. One of these big changes is to income-driven repayment. The budget proposes to […]
Continue Reading →Loss of IRS Data Retrieval Tool Complicates Financial Aid Applications and Student Loan Repayment for Millions
April 12, 2017
By Diane Cheng, Associate Research Director, the Institute for College Access & Success (TICAS) This post originally appeared on www.ticas.org/blog. 20 million students complete the FAFSA every year to apply […]
Continue Reading →Borrower Defense Rules to Protect Students Live Another Day
April 07, 2017
Advocates for student loan borrowers breathed a sigh of relief on March 30, when the deadline passed for Congress to introduce a resolution to roll back the new “borrower defense” […]
Continue Reading →Defrauded Corinthian Students Sent Confusing 1099-Cs
March 15, 2017
by Ella Halpine
According to the IRS, if you went to a Corinthian school and had your loans canceled under the borrower defense rule, you should not owe taxes on the canceled amount. […]
Continue Reading →More Updates & News
Important Note: On June 24, 2024, two court decisions temporarily blocked parts of the SAVE Plan from taking effect. These decisions may change borrowers’ rights and access to certain benefits, including repayment plans. We will update this website with more details on how this will impact borrowers soon. Visit here for more information.
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