Vermont Resources
Resources Applicable to All States
Student Loan Borrower Assistance (SLBA)
This website from the National Consumer Law Center offers a wide variety of resources to help you handle student loan problems
www.studentloanborrowerassistance.org
Consumer Financial Protection Bureau (CFPB)
CFPB can help you make the right choices about paying for college and understand your options for paying back student loan debt
www.consumerfinance.gov
Self-Help Packets in English and Spanish (Student Loan Borrower Assistance)
Student loan self-help packets to help you with your federal student loans, from SLBA
www.studentloanborrowerassistance.org
How Student Debt May Be Stunting the Economy (NYT: The Upshot)
Senior economics correspondent Neil Irwin makes an argument that student loan debt is a significant drag on economic recovery.
www.nytimes.com
Student Loan Debt: State by State (The Washington Post: GovBeat)
www.washingtonpost.com
Late Student Loan Payments Are Still Common (Vox)
It appears that borrowers aren't taking full advantage of new programs to help lower student loan payments.
www.vox.com
Everything You Need to Know About Student Loan Debt (Vox)
Well, maybe not everything, but these "flip cards" from Vox answer a lot of questions about student loan policies and practices.
www.vox.com
Drawbacks of Private Student Loans (New York Times Editorial Board)
Why private student loans are a poor deal for many borrowers
www.nytimes.com
A Beginner's Guide to Repaying Student Loans (New York Times)
An overview of how to tackle your student loan debt
www.nytimes.com
National Student Loan Data System (U.S. Department of Education)
You can use this government website to find the details on your federal student loans
nsldsfap.ed.gov
Student Loan Cancellation FAQs (U.S. Department of Education/FSA)
Answers to frequently asked questions about discharging student loans without paying
studentaid.gov
Department of Education: Guide to Student Loan Repayment
studentaid.gov
Facts About Consolidation Loans (Student Loan Borrower Assistance)
A good overview for anyone thinking about consolidating their student loans
www.studentloanborrowerassistance.org
Income-Based Repayment Plans (U.S. Department of Education)
The official page for information about income-based student loan repayment options
studentaid.gov
Understanding Default (U.S. Department of Education/FSA)
What default means, its consequences, and what to do if your loan is in default
studentaid.gov
Your Loan Servicer FAQs (U.S. Department of Education/FSA)
Answers to frequently asked questions about how to find and work with the company that handles your loan
studentaid.gov
Public Service Loan Forgiveness (U.S. Department of Education/FSA)
If you have a public service job, you may eventually be able to cancel your federal student loans
studentaid.gov
Total and Permanent Disability Discharge (U.S. Department of Education/FSA)
You can cancel your federal student loans if you are totally and permanently disabled.
studentaid.gov
Brunner v. New York State Higher Education Services Corp.
This is the case that sets out the most common standard for determining whether student loans can be discharged in bankruptcy.
www.moranlaw.net
Student Loans in Bankruptcy (Student Loan Borrower Assistance)
Guidance and resources to help you determine whether bankruptcy can help you manage or eliminate your student loans.
www.studentloanborrowerassistance.org
Student Loans in Chapter 13 Bankruptcy (Nolo.com)
An overview of how Chapter 13 bankruptcy may help you get some student loan relief.
www.nolo.com
Consolidation Loans (Student Loan Borrower Assistance)
SLBA's information and tips for borrowers considering loan consolidation.
www.studentloanborrowerassistance.org
Loan Consolidation (U.S. Department of Education)
A guide to student loan consolidation from the U.S. Department of Education
studentaid.gov
Private Student Loan Consolidation (FinAid)
Pointers for borrowers considering private student loan consolidation, from FinAid.
finaid.org
Student Loan Consolidation (FinAid)
Great tips for those considering student loan consolidation, including examples to help you understand how your new loan terms will be calculated.
finaid.org
Loan Consolidation Calculator (FinAid)
Lets you compare the monthly payments, interest rates, and total cost of your existing loans v. a consolidation loan
finaid.org
Self-Resolution Checklist (U.S. Department of Education)
This checklist can help you figure out whether you've done all you can to resolve your student loan dispute
studentaid.gov
Private Student Loan Consolidation FAQ (FinAid)
Answers to frequently asked questions about consolidating student loans
finaid.org
Avoid Scams (U.S. Department of Education/FSA)
Official advice on avoiding scams while applying for student aid.
studentaid.gov
Repaying Private Student Loans: Watch Out for These Pitfalls
If you're having trouble with your private loan lender or servicer, this article can point you in the right direction.
www.nolo.com
Postponing Repayment (Student Loan Borrower Assistance)
Sound advice on deferment and forbearance from the SLBA.
www.studentloanborrowerassistance.org
Economic Hardship Deferment Self-Help Packet (Student Loan Borrower Assistance)
A downloadable booklet to help you understand and apply for an economic hardship deferment.
www.studentloanborrowerassistance.org
Deferment and Forbearance (U.S. Department of Education/FSA)
The official page for information about student loan deferment and forbearance
studentaid.gov
Grace Periods (Student Loan Borrower Assistance)
Tips to help you understand and manage the grace period on your student loan
www.studentloanborrowerassistance.org
How Wage Garnishment Works
An overview of the wage garnishment process from the website that handles defaulted student loan debt for the U.S. Department of Education
studentaid.gov
How Tax Offsets Work
An overview of the tax refund seizure process, from the website that handles defaulted student loan debt for the U.S. Department of Education
studentaid.gov
How the Federal Salary Offset Program Works
An overview of the wage garnishment process for federal employees, from the website that handles defaulted student loan debt for the U.S. Department of Education
studentaid.gov
Federal Student Loan Collections (U.S. Department of Education)
The official home page for federal student loan debt collection information
studentaid.gov
Fair Debt Collection Rights (Student Loan Borrower Assistance)
Know your rights if a debt collection agency is harassing you
www.studentloanborrowerassistance.org
Ways To Repay Loans to the U.S. Department of Education
Answers to frequently asked questions about repaying defaulted federal student loans.
studentaid.gov
Understanding Repayment Plans
The official home page for information about federal student loan repayment options
studentaid.gov
Loan Repayment Programs for Health Care Professionals (Health Careers Center)
An overview of loan forgiveness programs available to health care professionals
nhsc.hrsa.gov
Public Service & Student Debt (Consumer Financial Protection Bureau)
A guide to public service loan forgiveness programs from CFPB
files.consumerfinance.gov
IRS Rules for Student Loan Cancellation and Forgiveness Programs
Find out whether the IRS will tax your canceled or forgiven loan amount
www.irs.gov
Student Loan Forgiveness (and Other Ways the Government Can Help You Repay Your Loans)
there are very specific eligibility requirements you must meet to qualify for loan forgiveness or receive help with repayment. Loan forgiveness means you don’t have to pay back some or all of your loan. You never know what you may be eligible for, so take a look at the options.
studentaid.gov
Companies That Offer Help With Student Loans Are Often Predatory (New York Times)
Beware of any debt settlement company that offers to help you deal with your student loans for a hefty fee
archive.nytimes.com
Find a Solution to Student Loan Problems (Student Loan Borrower Assistance)
If you're having trouble with your student loans, these questions and answers can point you toward help
www.studentloanborrowerassistance.org
Federal Student Aid Ombudsman Group (U.S. Department of Education)
If you've done all you can to resolve a problem with the servicer of a federal student loan, the ombudsman group can help
studentaid.gov
Ombudsman Program for Private Student Loans (Consumer Financial Protection Bureau)
If you submit a student loan complaint to CFPB, they may connect you with an ombudsman who can help
www.consumerfinance.gov
Vermont Wage Garnishment Laws (Nolo)
Here's where you can find the specific wage garnishments and limits for Vermont.
www.nolo.com
Ex-Students With 'Income-Based' Loan Payments Face Crushing Tax Bill
The Obama administration proposed changing the tax code to exempt the forgiven debt from taxes, but the provision did not make it into the final budget agreement passed by Congress and signed by President Obama in December.
www.nbcnews.com
When Unpaid Student Loan Bills Mean You Can No Longer Work
Twenty states suspend people’s professional or driver’s licenses if they fall behind on loan payments, according to records obtained by The New York Times.
www.nytimes.com
DTR Borrower Defense and Application Process
Project on Predatory Student Lending. Complete guide to the DTR process
www.ppsl.org
Hidden Consumer Rights and Remedies Regarding Private Student Loans
This article provides practice tips to determine if a specific private student loan is generally dischargeable and provides advice on dealing with private student loans in bankruptcy. The article then turns to remedies available to consumers subject to collection efforts after their private student loans are discharged in bankruptcy.
library.nclc.org
Student Loan Repayment Rights: Consumer Debt Advice from NCLC
This is the eleventh in a series of articles from NCLC that provide advice for families in financial difficulty. Other articles address lowering mortgage payments, medical debt, debt collection harassment, reverse mortgages, car repossessions, and other topics.
library.nclc.org
What States Can Do to Protect Consumers — Student Loans (NCLC)
www.nclc.org
President Biden's 2022 One-Time Student Loan Forgiveness Program
Learn how to apply for one time Federal Student Loan forgiveness. Details here from the Department of Education's StudentAid.gov website.
library.nclc.org
Fidelity Investment's Review of Student Loan Repayment Options in 2023
Your repayment options in the Biden administration's "one year onramp" for the resumption of student loan payments in October 2023
www.fidelity.com
White House 2023 Announcement of One-Year On-Ramp Relief Student Loan Debtors
www.whitehouse.gov
State Student Loan Bill Tracking Database
The National Conference of State Legislatures offers a comprehensive database of Student Loan over 131 enacted laws in states that offer student loan forgiveness for residents who remain in the state and serve needed professions.
app.powerbi.com