Millions enrolled in new student loan repayment program
More than 4 million federal student loan borrowers are enrolled in the Biden administration’s new repayment program, according to figures released Tuesday by the U.S. Department of Education.
Loan repayment assistance program
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Loan relief granted to defrauded for-profit college students
The U.S. Education Department said Wednesday it’s erasing student debt for thousands of borrowers who attended a for-profit college chain that made exaggerated claims about its graduates’ success in finding jobs. The Biden administration said it is approving 18,000 loan forgiveness claims from former students of ITT Technical Institute, a chain that closed in 2016 after being dealt a series of sanctions by the Obama administration.
Unpaid student loan splits 7th Circuit
A 7th Circuit Court of Appeals panel has split with each judge writing a separate opinion about a lawsuit brought by a student who defaulted on her school loans and then sued when the lending agency tacked on collection costs.
NDLS loan repayment program growing in dollars and applications
Notre Dame Law School’s program to assist its graduates who pursue careers in the public service sector has reached the $1 million milestone.
Federal loan repayment program set for expansion
The Obama administration’s move to expand its student loan repayment assistance program – an initiative which may help some lawyers struggling with debt – has put another spotlight on the debate over the rising cost of law school tuition.
LRAP fundraising campaign entering final phase
The program is bolstering an endowment to help lawyers overwhelmed by student loan debt. The Indiana Bar Foundation is $71,000 short of meeting its goal.
Fund-matching extension increases value of gifts to lawyer loan repayment program
Any gift contributed by a lawyer to the Indiana Bar Foundation’s Richard M. Givan Loan Repayment Assistance Program this year could potentially quadruple in value, thanks to fund-matching initiatives.
ICLEF gives $100,000 to Indiana Bar Foundation
The Indiana Continuing Legal Education Forum’s governing board is giving $100,000 to the Indiana Bar Foundation, which is struggling financially because of low interest rates that have hit IOLTA accounts and created problems in funding pro bono and related programs statewide.
Student loan repayment program resumes
A suspended program that helps attorneys working with civil legal aid organizations repay their student loans has been reinstated thanks to the Indiana Supreme Court.