Monthly Archives: May 2010

The Department of Education and Financially Distressed Student Loan Borrowers: A lot of Talk, Not much Action

We have tried for years to persuade the Department of Education to improve policies and programs for financially distressed student loan borrowers.  We hoped the new Administration would act quickly to resolve festering problems.  So far, unfortunately, the current Administration has … Continue reading

Tagged , ,

New Legislation on Student Loans and Bankruptcy

In April 2010, separate bills were introduced in the U.S. House and Senate to restore bankruptcy dischargeability of most private student loans.  The House Judiciary Committee held a hearing on H.R. 5043.  Deanne Loonin of NCLC testified in support of … Continue reading

Tagged ,