As I blogged about a couple weeks ago, you can check the amount of IDR time you have been credited for on studentaid.gov now. If for any reason it is not there, a private company has released the VIN Foundation Download My IDR Progress browser extension for Chrome. It allows…
Today’s webinar went off without a hitch – link here. I tried to update our fellow attorneys on what we are seeing or hearing out there in our student loan world. Lots of changes, practically to everything in fact. Student Loan Essentials: Updates, Strategies, and Advocacy for Legal Aid Practitioners. …
I read today in the Pomp Letter that the average credit card balance is $21,000. And the average interest rate is 28.6%. Just wow. In 30 months, the debt would double. In our bankruptcy practice here in Tampa, Florida, we are regularly seeing people with 100k of credit card debt.…
So the big news in the world of student loans is that the online system has once again been shut down for consolidations and IDR applications – as of Friday, Feb 21. This is likely due to the 8th Circuit expanding its stay to stop all forgiveness under PAYE and…
A post on Theresa Sweet’s [Plaintiff in Sweet v. Cardona’s class action BDTR lawsuit] Facebook page says the majority of workers reviewing BDTR claims have been laid off and majority of Ombudsman staff have been fired. For several months now, we have been of the opinion that while filing a…
While it is unlikely that the Trump administration will close the Department of Education anytime soon, it is clear that ED will be dismantled in some form over the next few months to years. Many of its functions may discontinue or be passed to other federal or even state agencies.…
During all the hoopla surrounding student loans last year, probably the best program (TPD) out there gets so little attention. Right now, that’s probably a good thing right? I’m talking about the ability for someone who is unable to work a full time job doing what they used to do…
I’m sharing this here — it’s also being provided to our fellow attorneys signing up for our NACA webinar today at 2:00 p.m. Helping your clients take their lives back from their student loans sometimes involve bankruptcy related solutions. While filing bankruptcy has typically NOT been helpful for those with…
Much like the NASA moon landing, I have two very different powerpoints ready for a student loan presentation today at 2:00 p.m. for the National Association of Consumer Advocates (NACA) And I might be checking X on my phone every few minutes to see if there is any new Executive…
Well, we are now midway into the second week of President Trump’s administration. What can we expect and how can you deal with your federal student loan payments? Importantly, there were no first day Executive Orders, and none so far other than the appointment of a new Secretary of Education. …