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Student Loan Archives - DelCotto Law Group

Student-loan-bubble

Navient Lawsuit [Linked], Yet another Messy Piece of the Student Loan Bubble

January 24, 2017
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You can find all the student loan statistics online, and they are at crisis level.  Plus, they keep changing (for the worse) all the time, especially considering the U.S. Department of Education can’t seem to get them right.

It’s a big time bubble, we’re […]

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Financial Crisis Just Ahead

Baby Boomers’ $66.7 Billion Debt Means the Student Loan Crisis is No Longer a Millennial Issue

By: Laura Day DelCotto, Esq.

I have written before in our blog on my perceptions of the coming “retirement crisis” facing Kentucky.  As taxpayers, we may finally be given a miniature step towards transparency if Senate Bill 3—a bill to disclose Kentucky legislators’ retirement benefits—passes.   However […]

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What is the Consumer Financial Protection Bureau (“CFPB”)?

April 21, 2016
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President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act in July 2010, which established the Consumer Financial Protection Bureau (CFPB).

In January of 2012, President Barack Obama appointed Rich Cordray to be the first Director of the CFPB. The CFPB writes rules, supervises companies […]

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student loan lawsuit

Robo-signing 2.0: Student Loan Collection

July 7, 2015
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Once again, lenders are suing consumers without verification and knowledge of the fundamentals, like who owes how much and to whom.  Residential mortgage market crisis, round 2.

Since 2007, the federal student loan balance has more than doubled, to almost $1.2 trillion from $516 billion.  That figure […]

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