Options If I Default on Both My Federal and Private Student Loans

La Jolla, CA – March 2, 2015 Q: What are my debt relief options if I am delinquent on both my federal student loans and my private student loans? A: Falling behind on your student loan payments is a problem far too common. I speak with people on a frequent basis facing delinquency in payment …

Refinancing Private Student Loan Debt

Graduates with private student loan debt don’t get the same luxuries as they would with federal student loans. Repayment begins almost immediately and forbearances and deferments aren’t usually an option. Neither are loan consolidations at a lower interest rate. Fortunately, we are seeing a transition with private student loans that offer an option resembling creative …

Senior Citizens and Student Loan Debt

Am I immune from collection of student loan debt if I am retired? Senior citizens facing crippling student loan debt are getting attention in the media over the past few weeks. Nationwide, student loan debt exceeds $1 trillion. According to a recent report from the Government Accountability Office, four percent of Americans between the ages …

Student Loan Payoff Strategies That Will Make You Happy

Data available from the Federal Government shows that the average college graduate has approximately $30,000 in student loan debt upon graduation. If you believe a study I just read, those with student loan debt tend to be less happy than those without it. The study did not divulge whether listening to Pharrell’s Happy song helped …

Art Institute of California Lawsuit Alleges Predatory Practices

For profit colleges have become a popular alternative for students interested in pursuing specific careers such as photography, visual game programming and drawing. The Art Institute of California offers a 4-year degree with wild promises that 95% of its graduates quickly landing jobs. Unfortunately, this degree comes at a steep costs with many students graduating …

The Student Loan Crisis is Worse Than You Think

Student loan debt continues to be the hot topic in the news. While recent reports have reported the number of student loan delinquencies decreasing, things appear to be worse than we’ve been hearing. The following article breaks down this whole mess and shows why we should be alarmed at the level of both federal and …

Minimizing Student Loan Debt

Student loan debt continues to be a hot topic in the news. Dealing with student loan debt can be a stressful situation if you aren’t prepared. Having a plan is key when deciding to take out a loan as well as during repayment of a student loan. The following article gives 5 tips to make …

Lawsuits by National Collegiate Student Loan Trust

Have you been sued by National Collegiate Student Loan Trust? If you have been, chances are this is the first time you have even heard their name. So who is National Collegiate Student Loan Trust? National Collegiate Student Loan Trust purchased your student loan a very short time after the loan funded and prior to …