Private Student Loans

Companies such as Sallie Mae offer an increasing number of private loans to supplement or even replace federal education assistance. Schools may steer low income borrowers into these products because the government penalizes schools with high default rates and schools are particularly worried about less creditworthy borrowers taking out federal loans. Schools don’t have to worry about the private loan defaults because the government does not count them when calculating school default rates.

Unfortunately, most clients do not seek legal help until long after they attended schools, took out loans, and defaulted on those loans. This law firm can help these clients with cancellation, repayment, bankruptcy, and other options to challenge government collection efforts and help borrowers get out of default.

Call the Higgins Law, LLC today for an appointment to and see what can be done about your student loan debt.

Bill summaries before the 113th Congress (2013-2014)