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Buckley LLP | USA | 14 Oct 2021

California enacts several consumer financial protection measures

Recently, the California governor enacted several state bills relating to consumer financial protection. On October 6, AB 790 was signed, which…
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Duane Morris LLP | USA | 13 Oct 2021

U.S. Department of Education Negotiated Rulemaking - Session One Recap

On Friday, October 8, 2021, the U.S. Department of Education wrapped up its first week-long session of the (virtual) Affordability and Student Loan…
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Buckley LLP | USA | 7 Oct 2021

Education Dept. announces significant changes to PSLF program

On October 6, the Department of Education announced several significant changes to its Public Service Loan Forgiveness (PSLF) program that will be…
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McGuireWoods LLP | USA | 13 Sep 2021

Income Share Agreements - Risks, Rewards, and Regulators

An Income Share Agreement (ISA) is a contract in which a lender gives a student money for education, and in return, the student promises to pay the…
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Gordon Feinblatt LLC | USA | 11 Aug 2021

Court Addresses Developments in Student Loan Discharge

An oft-repeated refrain during any discussion of the student loan crisis is that unlike most debt, student loans are generally excepted from a…
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Brownstein Hyatt Farber Schreck LLP | USA | 19 May 2020

Distinct Income Share Oversight Could Reform Student Debt

Student loan debt continues to be a growing and seemingly unsolvable problem in the U.S. As the costs of higher education show no signs of slowing…
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Bradley Arant Boult Cummings LLP | USA | 6 May 2020

Federal Law Preempts Connecticut’s Student Loan Servicer Licensing Law, According to Federal Court

Several states have recently ramped up their regulation of the student lending industry by passing laws requiring student loan servicers to be…
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Maurice Wutscher LLP | USA | 13 Feb 2020

9th Cir. Holds Student Loan Guaranty Agency Not Subject to FDCPA

The U.S. Court of Appeals for the Ninth Circuit recently affirmed summary judgment in favor of a guaranty agency that caused a set-off against a…
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Bradley Arant Boult Cummings LLP | USA | 4 Nov 2019

5th Circuit Joins the Growing Crowd Holding that Private Student Loans May be Dischargeable in Bankruptcy

The Fifth Circuit’s recent decision in Crocker v. Navient Solutions is a stark reminder to for-profit student lenders and servicers that bankruptcy…
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Maurice Wutscher LLP | USA | 1 Nov 2019

5th Cir. Holds Bankruptcy Courts Cannot Enforce Discharge Injunctions From Other Districts

The U.S. Court of Appeals for the Fifth Circuit recently held that a bankruptcy court lacks the power to enforce discharge injunctions entered in…
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