President Obama announced a plan this week to help alleviate student loan burdens. The President’s plan shows that the Administration is hearing the voices of struggling student loan borrowers. It is a good step in providing some relief, but much more needs to be done. There are a lot of details to work out, but there are […]
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 Consolidating as a Way out of Default Can Select IBR The Department […]
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 responded mostly with talk, very little action. We began our renewed efforts in February 2009 […]