Joe
Austin,#2Consumer Comment
Thu, April 09, 2009
Go to the National Consumer Law Center and look for Student Law http://www.consumerlaw.org/publications/manuals/student_loan.shtml $90 550 pp. with 2006 CD-Rom ISBN 1-60248-001-X Collections, Intercepts, Deferments, Discharges, Repayment Plans, and Trade School Abuses The Bad News Millions of Americans, delinquent on their student loans, often because of financial hardship or trade school fraud, feel the full brunt of federal collection: * Tax refund intercepts * Administrative wage garnishment * Seizure of Social Security or other federal benefits * Lawsuits with no statute of limitations * Shockingly high collection fees * Private collector harassment * Sharp limits on bankruptcy discharges * Bad credit records; and * Ineligibility for new federal loans and grants. The Good News A legal practice manual that for the first time comprehensively analyzes all the remedies and strategies for students delinquent on their loans: * Financial hardship and other loan deferments * Affordable repayment plans, income-contingent loan consolidations, loan rehabilitation, and compromise and write-off authority * Rights to stop tax intercepts, wage garnishments, and seizure of Social Security benefits. * Legal claims against unfair or deceptive collection practices * Loan discharge based on school closure, fraud, or failure to make owed refunds * Discharge based on disability * Strategies to deal with student loans in bankruptcy * Minimizing collection fees * Trade school abuses and raising school misconduct as a loan defense. Everything You Need on a CD-Rom * Discharge, deferment, forbearance, and loan consolidation forms * Numerous sample pleadings, from requesting an affordable repayment plan to challenging debt collection harassment * 40-page Financial Aid Guide (2006-2007) in both English and Spanish * Important Department of Education policy guidance letters * Key federal statutes, regulations, and proposed regulations.
Joe
Austin,#3Consumer Comment
Mon, April 06, 2009
there is a way you can get out of paying the way overpriced tuition if they try to charge you for that, you need to file a complaint with the FTC over what is clearly a deceptive trade practice. and you might want to check into retaining an employment attorney considering a suit against them.