The U.S. Supreme Court on Thursday allowed a roughly $6 billion legal settlement to go forward that will cancel student loans for hundreds of thousands of borrowers who say they were misled by their schools.
Read More »Tag Archives: Student loans
Supreme Court student loan hearing: What you need to know
The U.S. Supreme Court is meeting Tuesday to hear two cases challenging President Joe Biden's student loan forgiveness plan.
Read More »What to know if you’ve applied for student loan forgiveness
Here's what to know if you've applied for relief:
Read More »Court temporarily blocks Biden’s student loan forgiveness
A federal appeals court late Friday issued an administrative stay temporarily blocking President Joe Biden's plan to cancel billions of dollars in federal student loans, throwing the program into limbo just days after people began applying for loan forgiveness.
Read More »GOP-led states appealing dismissal of suit over loan relief
Attorneys for six Republican-led states are asking a federal appeals court to reconsider their effort to block the Biden administration's program to forgive hundreds of millions of dollars in student loan debt.
Read More »Justice Barrett rejects appeal over Biden student debt plan
U.S. Supreme Court Justice Amy Coney Barrett on Thursday rejected an appeal from a Wisconsin taxpayers group seeking to stop the Biden administration's student debt cancellation program.
Read More »Here’s how you can apply for student loan forgiveness
President Joe Biden on Monday officially kicked off the application process for his student debt cancellation program, opening the door for millions of Americans to apply for up to $20,000 in forgiveness.
Read More »Judge dismisses Wisconsin lawsuit against loan forgiveness
A federal judge in Wisconsin has dismissed a lawsuit from a taxpayers group seeking to block President Joe Biden's student loan forgiveness program, ruling that the group doesn't have standing to bring the lawsuit.
Read More »‘Set up for failure,’ student debt forgiveness not likely to lighten debt load
As the federal government contemplates $10,000 in student debt forgiveness, lawyers say it won't make much difference to their high loan balances.
Read More »Committee to consider student loan reimbursement bill
A legislative committee is set to take comments on a Republican bill that calls for reimbursing student loans for out-of-staters who move into rural areas in Wisconsin.
Read More »New lawyers need a good financial plan
Graduating from law school with significant student debt is nothing new for young attorneys. But according to the National Association of Law Placement, starting salaries in the legal profession have fallen 13 percent over the past six years.
Read More »Agencies, Congress turn up heat on debt collectors
The rise in health care-related consumer debt, student loans, shoddy record keeping by creditors and abusive practices by debt collectors are leading federal regulators and lawmakers to crack down on third-party debt collectors and call for tighter rules applying to them.
Read More »Student loan law: A niche for a few good lawyers?
With huge numbers of students facing crushing debt and national student loans surpassing credit card debt, some lawyers have found a new niche: representing clients hounded by student loan creditors, debt collectors and loan servicers.
Read More »BLAWG LOG: Lawyers.com: Yes, you can ditch a student loan in bankruptcy
The mantra is repeated over and over: You can’t discharge student loans through bankruptcy. However, while it’s reality for most indebted people, the conventional wisdom isn’t quite true.
Read More »New federal study makes case for student loan relief
A new federal study recommends changes in consumer protection and bankruptcy law to provide relief for those Americans saddled with a share of the country’s $1 trillion in student loan debt, largely blaming private lenders for the problem.
Read More »Bankruptcy courts divide on student loans
Wisconsin’s bankruptcy courts are divided over whether a Chapter 13 debtor can give preferential treatment to student loan debts.
Read More »10-32528 In re Johnson
Bankruptcy Student loans Student loan obligations are not a special circumstance under 11 U..C. 707(b)92)(B); but a debtor may separately classify the loan obligations and maintain regular payments on them. “The Debtor has failed to demonstrate that the repayment of her student loan obligations constitutes a special circumstance under § 707(b)(2)(B). Although an involuntary or unexpected event which requires a ...
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