Blog Archives for October 2013

Draft Law School Reforms Could Have Broader Implications

October 31, 2013

As we've noted before, there are ways in which the current struggles of Read More

Know Repayment Options to Work with Student Loan Servicers

October 24, 2013

Not many people like Sallie Mae.

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David Stern: The Avoidable Sticker Shock of Student Loan Repayment

October 18, 2013

In lieu of Fellow Friday, we thought it would be fun to share this recent article written by our Executive Director David Stern for the National Law Journal.

Would you hire a lawyer who took out a mortgage without understanding the repayment obligations? Yet every year incoming law students take on mortgage-sized debt — currently averaging about $122,000 to attend a private law school — without knowing the terms or having a plan for how they will repay these loans.

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Reforms Could Combat Rising Student Loan Defaults

October 16, 2013

The most recent student loan default rates Read More

Equal Justice Works Alumnus Advances Equal Justice Works Mission by Advocating for Children and Mentoring Fellows

October 4, 2013

In 1999, Matthew Lenaghan was an Equal Justice Works Fellow at Advocates for Children of New York– an organization serving children at risk for school-based discrimination and/or academic failure. With a commitment to education issues, Matthew began his public interest career as the organization’s intern while in law school. His internship exposed him to the plight children face in poor educational systems while serving a 12-year-old boy wrongfully accused of theft. His client had  many difficulties in his home life and was struggling academically. Upon visiting his client’s school, Matthew immediately recognized that the young boy’s school had inappropriately placed him in special education classes because of his behavioral issues, which were directly associated to his problems at home.

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Report Suggests Reforms to Help Private Student Loan Borrowers

October 3, 2013

There has been some churn recently in the private student loan market. With JPMorgan Chase exiting the business – following Bank of America, Citigroup Inc. and U.S. Bank – Sallie Mae, Wells Fargo & Co. and Discover are left as the big three dominating the market.

But that's not the most important news for borrowers. Instead, the federal Consumer Financial Protection Bureau's efforts to provide new financing options for existing private loan borrowers, as described in its report "Student Loan Affordability," should take center stage.

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