Forbes recently published the article “Nonsensical State Laws Yank Licenses From Student Loan Defaulters”. It brings to light that in 18 states, student loan borrowers who default on their federal student loans risk having their professional licenses revoked. These laws were enacted under pressure from the Department of Education to get default rates under control. …
Tag Archives: student loans
Who Is National Collegiate Student Loan Trust?
Who is National Collegiate Student Loan Trust? They are an entity that buy trust pools of private student loan debt from lenders such as Chase Bank, Discover, Bank One and many, many more. If you have been sued by them, then you need to take immediate action to defend a National Collegiate Student Loan Trust …
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How to Settle Sallie Mae Student Loan Debt
I often have people contact me to find out how to settle Sallie Mae student loan debt. If you owe student loans and have fallen behind, don’t give up hope. I have had great success in providing my clients with Sallie Mae student loan help. Skip to the bottom to read about how I got …
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How to Lower Navient Student Loan Debt
If you need Navient student loan debt help, then you are not alone. According to Forbes, Navient is focused on collecting approximately $300 billion in student loan debt from 12 million borrowers. How to lower Navient student loan debt depends on whether you have federal or private student loans, and I will explain viable options …
Bad News for Student Loan Borrowers
Student Loan Forgiveness Programs For Teachers
“A good teacher is like a candle: it consumes itself to light the way for others” – Mustafa Kemal Atatürk. It is unfortunate that student loan forgiveness for teachers is such an uphill battle. NPR wrote an in-depth piece about the struggle facing teachers with student loan debt. Some of the distressing comments from teachers …
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In the Student Loan Debt Crisis, The Debt Collectors Are The Real Winners
Recently NBC San Diego interviewed me and senior member of the House Education and Workforce Committee, Congresswoman Susan Davis, for the investigative report “Student Loan Programs to Help Borrowers Costing Taxpayers” to discuss the student loan debt crisis. You can watch our video for this blog post below or continue reading below: In the …
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Beware Of Those Making Money Off The Student Loan Debt Crisis
CNBC published an important article on firms who are making money off the student loan debt crisis. Many debt settlement companies are taking advantage of distressed student loan borrowers who are having trouble paying back their student loans. Beware of Those Making Money off the Student Loan Debt Crisis In CNBC’s article, they link …
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What To Do About Student Loans After Graduation
What to do About Student Loans After Graduation It’s a confusing time to know what to do about student loans after graduation. Between reports that the federal student loan rates will jump starting July 1 and the Department of Education’s proposed budget that could make it harder to obtain and repay student loans, it’s difficult …
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Navient Gives Its 12 Million Borrowers the Middle Finger!
Despite the negative press it has received over the past several years, student loan giant Navient has essentially told its borrowers that it doesn’t have their best interests in mind because they are collectors. This revelation came out in a recent court filing in which Navient is seeking to have a multi-billion dollar lawsuit filed …
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