Home » Updates & News » Student Loan Borrower News » Page 23
Student Loan Borrower News
More Updates & News
What special powers does the government have to collect student loans?
December 19, 2013
by Temp Author
The government can seize tax refunds, wages, and even certain federal benefits like Social Security, all without first getting a judgment in court. In some states they can revoke professional […]
Continue Reading →Is it possible to discharge student loans in bankruptcy?
December 19, 2013
by Temp Author
Yes, but it is much more difficult than discharging other types of unsecured debt like credit cards. You have to prove “undue hardship.”
Continue Reading →Is it possible to cancel (also known as discharge) a federal student loan?
December 19, 2013
by Temp Author
Yes, in limited circumstances. In some cases, you can cancel a loan due to serious problems with the school you attended. Other cancellations are available if you work for a certain period of […]
Continue Reading →What is the difference between default and delinquency?
December 19, 2013
by Temp Author
Delinquency means that you are behind on payments. Once you are delinquent for a certain period of time (usually nine months for federal loans), your lender will declare the loan […]
Continue Reading →How can I make payments relative to my income?
December 19, 2013
by Temp Author
There are a number of income-driven repayment plans to choose from depending on the type of loan you have and when it was disbursed.
Continue Reading →Student Loans Issues in 2013: The Year in Review
December 19, 2013
It’s been a very busy year in the student loan world. The media, policymakers and regulators have started to wake up to the scope of student loan debt and the […]
Continue Reading →New Student Loan Debt Relief Trade Association
December 16, 2013
Our June 2013 report Searching for Relief highlights problems with the emerging student loan “debt relief” industry. Since then, the CFPB issued an advisory reminding borrowers that they do not […]
Continue Reading →CFPB to Oversee Nonbank Student Loan Servicers
December 05, 2013
The Consumer Financial Protection Bureau (CFPB) issued a rule this week that will allow the Bureau to supervise certain nonbank student loan servicers for the first time. This important move should […]
Continue Reading →What type of loan do I have?
December 01, 2013
by Temp Author
To find out what type of federal government loan you have, visit the National Student Loan Data System (NSLDS). NSLDS is now found on the Department’s StudentAid.gov site. You can […]
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.
Student Loan Borrower Assistance is a project of the National Consumer Law Center.
© 2025, National Consumer Law Center, Inc., All rights reserved.
NCLC and National Consumer Law Center are registered trademarks of National Consumer Law Center, Inc.