Upcoming Equal Justice Works Student Loan Debt Webinar – 6/16
Equal Justice Works is hosting another Free Student Debt Webinar! Check out their message below:
Summer is here! Hopefully all you public interest law superstars get a chance to unwind before kicking off summer plans, whether it’s an internship or continuing your work as an attorney.
Since many of you will be working with legal aid nonprofits or government agencies, this is a great time to brush up on your student debt knowledge. Join our debt relief webinar on Thursday, June 16th at 3pm EDT to gain a better understanding of income-driven repayment plans and Public Service Loan Forgiveness – it’s never too late!
More Americans are Trying to Have Student Debt Canceled
An increasing number of student loan borrowers are trying to get their student debt canceled because they were “deceived by colleges,” The Wall Street Journal reports.
Over 19,000 people have cited the “borrower defense” law, claiming their schools illegally used deceptive advertising and recruiting practices to make false promises about future job prospects. The law gained traction last year when the Department of Education used it to cancel loans taken out by former students of for-profit chain Corinthian Colleges Inc.
FTC Cracks Down on Debt Relief Scams
Last week, the Federal Trade Commission (FTC) and the State of Florida filed a complaint against two companies charged with running debt relief schemes that targeted student loan borrowers. Both the “Consumer Assistance Project” and the “Student Aid Center” promised to rid borrowers of all debt while charging expensive (and illegal) up-front fees.
“The FTC is not going to stand on the sidelines when it uncovers evidence of fraudsters targeting students,” said Jessica Rich, Director of the FTC’s Bureau of Consumer Protection, in an FTC press release. “Consumers should be wary of any company that claims it can eliminate or greatly reduce debt, especially if they ask for money in advance.”
If you’re looking for help, you can always use one of Equal Justice Works’ debt relief resources. They’re all free – and legal! Join our next webinar, download our student debt e-book Take Control of Your Future, or bookmark our Huffington Post blog to stay up to date on all the latest debt relief news!
Equal Justice Works is a 501(c)(3) nonprofit organization dedicated to creating a just society by mobilizing the next generation of lawyers committed to equal justice. Our webinars are tailored to law students and lawyers, but the information is applicable to anyone who needs help managing the burden of student loan debt. To stay up to date, follow us on Twitter (@EJW_org, #studentdebthelp) and on Facebook!