Essays about Texas

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Showing posts with label student loan bankruptcy. Show all posts
Showing posts with label student loan bankruptcy. Show all posts
Monday, November 14, 2022

A Federal Court in Texas Blocks Biden's Student-Loan Forgiveness Plan. It May Be Years Before Student Debtors Know Whether the Plan is Legal

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 President Joe Biden made a campaign pledge to forgive $10,000 in federal student loans. In August 2022, Biden announced that he would fulf...
2 comments:
Thursday, October 13, 2022

Biden's Student-Loan Forgiveness Application Lacks Adequate Fraud Protection: But Does That Really Matter?

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Honoring a campaign promise, President Biden will forgive $10,000 in personal student-loan debt owed by about 40 million college borrowers. ...
5 comments:
Tuesday, September 6, 2022

You Do Know Debt Forgiveness Fuels a Healthy Economy. Essay by Steve Rhode

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Opinions and emotions are running high right now regarding student loan forgiveness. It is one of those topics that has become politicized r...
7 comments:
Saturday, March 19, 2022

Another Day Older and Deeper in Debt: The Student-Loan Crisis is Getting Worser and Worser

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"It's a thankless job," Kurt Vonnegut observed in Titans of Siren , "telling people it's a hard, hard Universe they...
Wednesday, August 11, 2021

Insanity 101: Medical Doctor with $650,000 in Student Debt Will Pay $80 a Month Under Income-Based Repayment Plan

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Tamara Parvizi, age 51, sought to discharge $653,743 in student-loan debt in a Massachusetts bankruptcy court. That's a lot of debt--jus...
Monday, July 26, 2021

In re Standish: Should you be required to use your inheritance to pay off student debt?

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 Martha Standish took out student loans when she was in her late 40s to get an undergraduate degree in accounting. Later she took out a Pare...
Friday, January 15, 2021

Teaching wild hogs to dance: Brookings says for-profit college system is broken and thinks it know how to fix it

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 The Brookings Institution published a report this week calling attention to the for-profit college system's enormous abuses. "For...
Friday, March 6, 2020

Retirees with student-loan debt should ask elderly presidential candidates what they plan to do about the student-loan crisis

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Last month, the New York Times ran a story about retirement-age Americans who are struggling to pay off student-loan debt. As reported by Ti...
Friday, February 14, 2020

Davis v. U.S. Department of Education: Another law graduate is denied student-loan bankruptcy relief

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Few overburdened student-loan debtors attempt to get their loans discharged in bankruptcy. Most believe their student loans are not discharg...
Sunday, January 19, 2020

Trump Administration is "woke" to the student-loan crisis: What can it do in 2020?

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Love 'em or hate 'em, student-loan debtors owe a debt of gratitude to Bernie Sanders and Elizabeth Warren for putting the student-l...
1 comment:
Monday, January 13, 2020

Rosenberg v. ECMC: A NY bankruptcy judge cuts through the crap and discharges $221,000 in student-loan debt

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Less than a week ago, Bankruptcy Judge Cecelia G. Morris cut through the crap and granted a student-loan discharge to Kevin Rosenberg, a Yes...
2 comments:
Wednesday, December 18, 2019

College leaders are the new Marlboro Man--touting dangerous products to gullible Americans

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I'm old enough to remember when a lot of Americans smoked cigarettes. People smoked on buses and airplanes, they smoked in restaurants...
Wednesday, August 28, 2019

“A noose around her economic neck”: A young lawyer wins a partial discharge of her private student loans

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Nitcher v. National Collegiate Student Loan Trust, decided a few days ago,   is another story of a heavily indebted lawyer who attempted to...
Saturday, June 29, 2019

Bernie Sanders wants to cancel $1.6 trillion in student debt: A bridge too far?

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Senator Bernie Sanders is running for President a second time. Last week he made the news with his proposal to cancel all federal student-lo...
3 comments:
Thursday, July 26, 2018

Betsy DeVos, the for-profit college industry's best pal, rolls back regulatory protections for students who were defrauded by for-profit colleges

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This week, Betsy DeVos, President Trump's lamentable Secretary of Education, proposed new rules for implementing the Department of Educa...