A recent report released by the Institute of Higher Education Policy found that for every federal student loan borrower that defaults, at least two others become delinquent without default. Access to higher education was the mantra at a New America forum held in March to discuss the r
It is almost the end of yet another year, a very important year in the student loan world. During this December time of reflection, we include below noteworthy articles and blogs from 2010. This is not an exhaustive list by any means and we will include some additional selections in
American Student Assistance recently released a paper on the need for education debt management. The paper, “Approaching the Tipping Point“, raises a number of critical issues, including how to create incentives to encourage loan holders to communicate effectively, accura
A recent experience highlights the ways in which so many borrowers in default run into brick walls when trying to enforce their rights. The twist to this experience is that it has a good ending. There is hope because in some cases, guaranty agencies or the Department of Education w
We previously wrote about our efforts to persuade the Department of Education to resolve a number of problems with policies and programs for financially distressed student loan borrowers. Unfortunately, not much has changed since we last wrote. A quick summary: Ensure that Borrowers
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
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