Friday , March 29 2024
Home / Tag Archives: Student Loan Justice Org

Tag Archives: Student Loan Justice Org

Rule Changes Offer Little Relief as Student Loan Payments Resume

If I was new to this dilemma, I would believe this is better news than prior announcements. But it is not good news, it is news coming too late for the borrowers holding exaggerated debt due to penalties, consolidation fees, interest, interest on that interest, and rate changes. If this was said a decade ago, it might make sense. It is only now, the Department of Education has caught up with how old some of these loans are today. Why does this...

Read More »

Former Students Plan to Ignore Loan Repayments When Pause Ends

Former Students Plan to Ignore Loan Repayments When Pause Ends, Newsweek, Khaleda Rahman  “I will not give them one cent!” 45-year-old teacher Jacque Abron said about resuming her student loan repayments when the COVID-19 pandemic-era pause comes to an end. “The illegal lending scam is over and I’m fighting until we see bankruptcy rights restored.” The mother of three is far from alone in her refusal to return to a life struggling to chip away...

Read More »

‘There’s no way I can pay it’: Americans dread restart of student loan payments

About the time I was talking to USC’s Associate Director and Alan Collinge at the Student Loan Justice Facebook site, Michael “The Guardian” reporter was talking to students there about payback issues. Everyone is concerned about the startup of loan paybacks. It is a serious issue for most. ‘There’s no way I can pay it’: Americans dread restart of student loan payments, US student debt | The Guardian, Michael Sainato Many Americans are dreading...

Read More »

There are lies, and there is the Public Service Loan Forgiveness program

Arizona Opinion: There are lies, and there is the Public Service Loan Forgiveness program, tucson.com, Lisa Ansell and Christina Winton. USC Associate Director Lisa Ansell discusses the predicament Christina Winton is in with Loan forgiveness applied for after 10-years in public service and the foot dragging by the PSLF program to cancel her student loans. And then there is loan repayment scheduled to start again September 1 of this year....

Read More »

Student Loan Debt, AI, and the Extinction of the American Middle Class

As American Jews, at what point do we stop to assess the collateral damage that the coalescence of crippling student loan debt and the advancement of AI in all facets of the economy will have on America’s working and middle class? Student Loan Debt, AI and the Extinction of the American Middle Class, jewishjournal.com, Lisa Ansell As millions of student loan borrowers are forced back to repayment on September 1, the Biden Administration will...

Read More »

45 and Now 46 million strong Owning Student Loans 2023

I was just done with updating student loan data information and checked in at the Student Loan Justice Org site on Facebook to catch up on issues. One new development being Lisa Ansdell. Associate Director @ Casden Institute, USC has joined with Alan at Student Loan Justice Org. promoting Student Loan Debt Relief. Lisa Ansell is working with Alan Collinge and the Student Loan Debt Org. assisting Alan and the members of the organization in their...

Read More »

The hard Financial Lessons for Two Entities

The End of Easy Money: Bankruptcy Filings Pile Up at Fastest Rate since 2010, Wolf Street, Wolf Richter. t’s turning into a banner year for corporate bankruptcy filings. Easy Money has caused all kinds of excesses, fueled by yield-chasing investors, in an environment where the Fed had repressed yields with all its might. Those yield-chasing investors kept even the most over-indebted zombies supplied with ever-more fresh money. But that era has...

Read More »

What Every Conservative Needs to Know about Student Loans

What Every Conservative Needs to Know about Student Loans, Alan Collinge, Medium. Conservatives have been tricked into defending the worst big-government loan scam in U.S. History; a slight majority of the borrowers identify as either republican, or independent. The 2020 election was a huge loss for the republicans. Even so, Conservatives buoyed by recent election wins, and the current unpopularity of the President. There is one issue that...

Read More »

Some Conversation About Student Loans

Unfortunately, this did not include the screening of “Loan Wolves.” The clip is approximately 36 minutes long. It includes Alan Collinge of Student Loan Justice who I have known for over a decade. Alan has been on Angry Bear Blog multiple times. He has not given up his, the crusade seeking relief for student loans. “Loan Wolves” Writer and Director Blake Zeff has written for The Onion and Politico besides doing other things. He is the chief...

Read More »

The Government makes a Profit on Defaulted Student Loans

I have known Alan Collinge of Student Loan Justice for multiple years now. He has been prompting some type of relief for those who will never be able to payback these loans or are in default. Portfolio-by-Age.xls (live.com) as taken from here: Federal Student Loan Portfolio | Federal Student Aid The information in the chart above is from EOY 2020 and the Federal Student Loan Portfolio, Federal Student Aid, “Portfolio by Age” The General Link and...

Read More »