Category Archives: Student Loans

DeVos Hits Pause On Student Loan Help

Written by Law Clerk Angelo Banks and Terry Lawson After college graduation most graduates are faced with one common problem: paying back their student loans. There are usually two big reasons student loans are tough to pay back. First, borrowers often aren’t earning enough income at their post-graduation jobs. And second, many borrowers can’t find…

Student Loans are overwhelming America. Is Betsy DeVos Ready?

I have been practicing student loan law for several years now. Just when I think student loans aren’t going to get worse, more depressing news appears. Recently, there have been a flurry of articles pointing out growing disasters in the student loan landscape. From the business-friendly Wall Street Journal  to the public voice of NPR, outlets across…

New REPAYE program helps millions more student loan borrowers

In December 2015, the Department of Education announced that a new student loan repayment program became available to borrowers who qualify.  Known as Revised Pay as You Earn, or REPAYE, this program aims to help borrowers manage their payments even when they have Direct Loans that are too old to be considered for PAYE (Pay…

Learning More To Protect You in Tampa

I am attending the Consumer Rights Litigation Conference in Tampa, FL. Sponsored by the NCLC and NACA, two of my favorite organizations, the Conference has been going strong for 25 years.  There is no better place to go for training in consumer law.  It is very fun for me to meet and talk with other…

Private Student Loan Lenders Prefer Borrowers Who Default?

The CFPB announced today the release of a new report about student loans. The agency’s findings aren’t shocking to those of us on the front lines of this fight. The conclusion? In short, private student loans are a disaster waiting to happen. Some of the issues that the CFPB reported are familiar to us and…