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March 27, 2012

Hats off to the Department of Justice and its Bureau of Justice Assistance!

The rising costs of legal education cause nearly all law students to take on mortgage-sized student loan debt.  Public defender and prosecutor salaries have not kept pace. Prosecutor and public defender offices find it difficult to attract and retain talented attorneys, resulting in overworked attorneys handling unmanageable caseloads and potentially affecting public safety and the administration of justice.  The John R. Justice Program was enacted to encourage qualified attorneys to serve as prosecutors and public defenders by providing…

By Heather  |  Category:    

March 27, 2012

A Student Loan Cartoon to Make You Spit Out Your Coffee

© Tribune Media Services, Inc. All Rights Reserved. Reprinted with permission. Further distribution of this material strictly prohibited without additional permission.  This is the year I start borrowing Parent PLUS loans to help my eldest daughter pay for college. Assuming I don't make a million dollars as a debt expert*, my own student loans will be paid off around 2028. My daugther will be 34 at that point (I'll be 58). Funny, no? Yes! Walt Handelsman is the two-time Pulitzer Prize-winning nationally syndicated editorial…

By Heather  |  Category:  Student Debt, Student Loan Repayment  

March 24, 2012

Prosecutors and Defenders to Benefit From Loan Repayment Assistance and Forgiveness Programs

Nearly all law students take on mortgage-sized student loan debt.  Public defender and prosecutor salaries have not kept pace with the rising costs of legal education.  Prosecutor and public defender offices find it difficult to attract and retain talented attorneys, resulting in overworked attorneys handling unmanageable caseloads and potentially affecting public safety and the administration of justice.  The John R. Justice Program was enacted to encourage qualified attorneys to serve as prosecutors and public defenders by providing…

March 14, 2012

An Easier Way to Get Your Private Student Loan Problem Fixed

I love reading the New York Times and this morning I was treated to an Editorial reflecting the Time's opinion that the Consumer Financial Protection Bureau is right to take on the private student loan industry.   True dat!   Private loans are risky and expensive and lack the flexible repayment provisions and borrower protections that come with federal student loans.   If you have a problem with a private student loan, you now have somewhere to turn for help.  The Consumer Financial Protection Bureau's complaint…

By Heather  |  Category:  Private student loans  

March 6, 2012

The Secret Private Student Lenders, Servicers, and Debt Collectors Aren’t Telling Us

The Consumer Financial Protection Bureau is now available to assist student loan borrowers dealing private student loan companies, servicers, and debt collectors.  Ask a question of lodge a complaint at www.consumerfinance.gov/complaint or call 1-855-411-CFPB. I'm guessing their phone will be ringing off the hook.

By Heather  |  Category:  Private student loans  
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