Covers the laws and regulations governing student loans, including federal and private loan terms, repayment plans, interest and servicing issues, deferment/forbearance, defaults and collections, wage garnishment, credit reporting, and borrower rights. Also addresses loan discharge and forgiveness options, disputes and litigation, and protections against scams and unfair practices.
Student loan forgiveness scams typically show three clear red flags: upfront fees, guarantees of forgiveness, and requests for your FSA ID or Social Security number. Legitimate federal forgiveness and repayment programs are free to apply for through official government channels, and no company can promise approval. This article explains each warning sign, how these scams […]
Student loan debt discharge is the legal elimination of some or all student loan balance, typically through federal programs like Public Service Loan Forgiveness (after 120 qualifying payments) or, less commonly, bankruptcy. Eligibility depends on the loan type and strict requirements such as qualifying employment, repayment plan rules, and documented hardship. This article explains what […]
