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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 →Taking Action to Restore Bankruptcy Rights for Student Borrowers
September 28, 2009
by greenbee
On September 23, the U.S. House of Representatives Judiciary Committee, Subcommittee on Commerical and Administrative Law held a hearing on discharging educational debt in bankruptcy. Brett Weiss delivered testimony on […]
Continue Reading →Searching for Help for Private Student Loan Borrowers
September 02, 2009
by greenbee
In April, we released a report about the lack of options for private student loan borrowers. Unfortunately, our clients and other borrowers who have contacted us tell us that not […]
Continue Reading →Access to Justice for Student Loan Borrowers
August 14, 2009
by greenbee
Courts have consistently held that there is no private right of enforcement under the Higher Education Act (HEA). In case after case, borrowers, often without the benefit of legal counsel, […]
Continue Reading →Student Loans and Bankruptcy: It’s Not About Morality
July 22, 2009
by greenbee
“Student loans are not like other forms of consumer debts-they are a direct result of public policy…For the borrower, we acknowledge the different nature of the debt by making it […]
Continue Reading →Loan Rehabilitation: Relief Finally On the Way
June 26, 2009
by greenbee
Congress passed a bill on June 23 that will provide much-needed relief for borrowers in default on their federal student loans. President Obama is expected to sign the bill. There […]
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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