Judge Drills Down on Tuition Payments in Parents’ Bankruptcy
Bloomberg News A judge who’s weighing whether Johnson & Wales University needs to ... Read full article
News Topic: student loans
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The Empiricist Strikes Back
The Washington Post had a story yesterday about the Department of Education's look at how student loan servicers deal with the Servicemembers Civil Relief Act and its protection to members of the Armed Forces. ... Read full article
Attorney Market for Discharging Student Loans
Is There a Student Loan Debt Crisis?
I've been a skeptic for some time about claims that we have a student loan "crisis" in the United States. For individuals mired with student loan debt, it is very much a crisis, of course. ... Read full article
Student Loans
Experts state that by early 2013, the amount of student loan debt in the United States surpassed $1 trillion and that nearly 20% of Americans households owe on student loans. ... Read full article
Bankruptcy and Student Loan Debt
My thoughts on whether the Bankruptcy Code should be amended to allow easier discharge of student loan debt are upon The Examiners at the Wall St. Journal . Short of it is yes for private student loans, no for public student loans. ... Read full article
Who is Helping Consumers With Defaulted Student Loans?
Clearly, the biggest surprise in consumer borrowing since the crash has been the explosive expansion of student loan debt. It has surpassed both auto lending and credit card lending. And, since it ties with Payday Lending and pre-crash sub-prime mortgage ... Read full article
The Average Student Debt Load in D.C. is a Whopping $40,885
The nation’s student-debt tab has more than doubled since the recession to roughly $1.3 trillion , but the burden varies greatly by state. ... Read full article
Who’s Looking Out for the Students?
The "Overwhelming Incentives" to Avoid Bankruptcy
Why troubled law schools may remain open
Senate Democrats Urge U.S. to Tear Up Corinthian Students’ Loans
Student at Corinthian Colleges WyoTech technical school campus in Laramie, Wyo. ... Read full article
"Don't give me so much that you've given me nothing" - Remembering M. Caldwell Butler's Contribution to Bankruptcy Law
Former Virginia Congressman M. Caldwell Butler died last week. ... Read full article
Harkin Opens Door To Bankruptcy Option for Student Loans
A top Senate Democrat is set to unveil legislation Wednesday that would allow a small portion of Americans’ student debt to be discharged through bankruptcy proceedings, a measure that would likely hit the profits of private lenders. The bankruptcy option ... Read full article
Dischargeability of Student Loans in Bankruptcy
Bankruptcy Often the Least Desireable Option to Eliminate Student Loan Debt
I recently received this email from a prospective client (“Jane”) seeking to have her student loans discharged in bankruptcy ... Read full article
Bankruptcy Means Test: Student Loans Used to Obtain Dentistry Degree Not “Consumer Debts” Under Section 707(b)
Debtor Cannot Take Means Test Deduction For Student Loan Payments In Chapter 13, But May Pay Outside Plan With Interest, Says Southern District
In In re Brown , Ch. 13 Case No. 12-12316 , 2013 Bankr. LEXIS 3696 (Bankr. S.D. Ga. Sept. ... Read full article
Suffolk/NCLC Student Loans Symposium
I had the pleasure of participating in this weekend's very successful Research Symposium on Student Loans organized by Kathleen Engel of Suffolk Law School and Deanne Loonin of the National Consumer Law Center (NCLC) (NCLC, by the way, is looking ... Read full article
Gainful Employment Rule Redux
It’s time for us to pick up this story again. Late last week, the U.S. ... Read full article