Federal Student Loans: What Happens If You Don't Pay? [POLICYbrief]
Since 1958, the United States federal government has offered loans to help college students pay for their education. Over the past decade, however, the default ...
How to Settle Private Student Loans: Interview with Andrew Weber
I talk with Andrew Weber about how to settle private student loans when they are in default or no longer affordable. Andrew shares his experiences as a ...
Strategic Student Loans
Strategic default, where the borrower intentionally defaults on a loan in the hope of negotiating a settlement, will not save the borrower any money. Lenders never settle student loan debt when the borrower is capable of repaying the debt. ... Both federal and private student loans are almost impossible to discharge in bankruptcy, so borrowers ...
Feds halt alleged student loan debt relief scam. Strategic Student Solutions is accused of bilking at least $11M from consumers.
Strategic default is simple: it's the intentional act of going into default on your student loans. However, there's still a misnomer here. Joshua Cohen, a student loan debt attorney , sums it up best:
Ready to start paying off student loans faster? Follow these 15 expert tips to get out of debt ahead of schedule. ... 10. Be strategic about your debt. Effectiveness Level: Medium. The first step to repaying your loans faster is to add more money to your student loan payment. But how you apply that extra money could make a big difference, too.
Student loans ﬁnance investments in human capital. Incentive problems arising from lack of collateral in human capital investments have been used to justify the differential bankruptcy and other recovery treatment of student loans, despite a lack of empirical evidence of strategic behavior on the part of student borrowers.
The Federal Trade Commission charged the operators of a phony student loan debt relief and credit repair scheme with bilking millions of dollars from consumers by falsely promising to reduce or ... “Consumers who paid Strategic Student Solutions for help with their student loans watched their situations go from bad to worse,” said Tom Pahl ...
Student loans are awarded to eligible students and parents of dependent students. Student loans are borrowed funds that must be paid back with interest. You need to fully understand your student aid to make more informed financial decisions in regard to borrowing funds.
See more of Strategic Student Solutions on Facebook. Log In. Forgot account? or. Create New Account. Not Now. Strategic Student Solutions. Financial Service in Lake Worth, Florida. 1.4. ... These people are a rip off and they are dealing with people who are paying for their student loans b ...
Federal Student Aid | Strategic Plan FY 2015-19 | iii. A Federal Student Aid | Strategic Plan FY 2015-19 ... of student loans, securing repayment from borrowers who have defaulted on their loans, and partnering with schools, inancial institutions, and guaranty agencies to prevent program fraud, waste, and abuse.
View Federal Student Aid’s strategic plans, reports, and key initiatives. Strategic Planning and Reporting As a federally designated Performance-Based Organization, Federal Student Aid operates under a congressional mandate to achieve concrete results while improving performance.