by Jeff Sovern I've been studying up on student loans because we intend to include some materials on them in the next edition of our casebook. One thing I've learned is that the federal Higher Education Act and its implementing regulations require students obtaining federal student loans to have counseling before they take the loans. See 34 […]
Category Archives: Student Loans
This AP story explains that that 22.4 million [U.S.] households, or 19 percent, had college debt in 2010. That is double the share in 1989, and up from 15 percent in 2007, just prior to the recession — representing the biggest three-year increase in student debt in more than two decades. … that 22.4 million […]
Here is a report on the pain involved in satisfying the "undue hardship" standard for discharging student loans in bankruptcy and here is a story about the case Scott Michelman blogged about earlier this week addressing debt collector liability for misleading borrowers about the dischargeability of student loans.