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January 18, 2012

Heather Disses Private Student Loans All Official Like

Usually I try to use my goofiest Mr. Mackey voice when I'm dissing on private student loans, but when the Consumer Financial Protection Bureau invited comment to inform their private student loan policy agenda, I decided it was time to get serious. Here's the text of what I submitted.  All the comments will ultimately be posted on regulations.gov Comment in Response to Request for Information Regarding Private Education Loans and Private Educational Lenders Regarding Docket No.: CFPB-2011-0037 Thank you for requesting input regarding…

January 17, 2012

Law School Association Highlights Uncertainty About Access to Repayment Improvements

Heads up, Class of 2012!  The following letter was sent by Susan Prager, Executive Director of the American Association of Law Schools, to law school deans.  Ms. Prager identifies the uncertainty surrounding the implementation of President Obama's announced improvements to student loan repayment calculations.  A negotiated rulemaking committee is currently considering these and other regulatory questions affecting student loan borrowers.  Some members of the Class of 2012 may need to take action now (with the help of their…

By Heather  |  Category:  IBR, Student Loan Repayment  

January 16, 2012

Quick!  Speak Up About Private Loans

Some people don't want me to say what I think about private student loans, but the Consumer Financial Protection Bureau wants to hear from all of us about this important subject. As for me, I'm not a big fan of private student loans.  I don't like having to tell borrowers that private student loans aren't eligible for Income-Based Repayment or Public Service Loan Forgiveness.   I don't like telling borrowers that, when the federal government calculates how much a borrower can afford to pay under Income-Based…

By Heather  |  Category:  Student Debt, Student Loan Repayment  

January 13, 2012

Student Loan Management for Lawyers

Stressed about your student loans from law school? On The Legal ToolKit, host Jared Correia, Law Practice Management Advisor with Mass. LOMAP, joins Heather Jarvis, student loan expert and former capital defense attorney, to discuss student loan management.  Heather offers her insight on consolidation, Public Service Loan Forgiveness, Income-Based Repayment and how lawyers can reduce, or better manage their payments.        

January 12, 2012

Which Do You Like More: Private Students Loans or My New Purple Sweater?

It's a new year and dang we owe a lot of money.  Check out my little video summary of student loan milestones from 2011(and my new Christmas sweater--thanks, babe!).  Resolve to tell the Consumer Financial Protection Bureau about your experience with those private student loans.  Personally, I think they stink.  We've got till January 17, 2012 to submit comments.  I'm getting my comments ready, and they are getting an earful from me! 2011 was a big year for student loan borrowing. In this Guest Post for Binksty.com,…

By Heather  |  Category:  Student Debt, Student Loan Repayment  
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