Friday, April 27, 2007

Law Student Loan Consolidation

Colleges Relying on Lenders to Counsel StudentsNew York Times, NY - Apr 20, 2007“There is no shortage of erroneous information that a student could receive in a group counseling session,” Ms. Gross said. “Student loan consolidation ...
USA Funds Invites Class of 2007 to Take Financial-Fitness Final ExamPR Newswire (press release), NY - Apr 24, 2007Graduates who have not yet landed that first job or who face other financial hardships specified by federal law when that first student-loan payment comes ...
How to Save Thousands on Student Loan RepaymentCollegiate Presswire (press release), NJ - Apr 16, 2007If this law passes it will help future students but will not affect students who currently have loans. The facts on student loan consolidation are simple. ...STU
EXCLUSIVE: Education Department Official Implicated in Widening ...New America Foundation, DC - Apr 5, 2007What is clear is Student Loan Xpress, which started in 2001 primarily as a student loan consolidation company, stood to benefit significantly from having ...STU
ABA Journal
Lawyers with staggering student loan debt have options, but many ...ABA Journal - Apr 4, 2007based Access Group, a nonprofit student loan provider with a focus on law students. While the news may be filled with reports of young lawyers making ...
Blackstone, Cerberus Collide as Buyout Firms Overrun DetroitBloomberg - 6 hours agoChrysler's current troubles are a reprise of a 1979 crisis that almost forced it into bankruptcy; the company was saved by a government loan guarantee. ...
U.S. News & World Report
Be Wary of Loan LettersU.S. News & World Report, DC - Apr 8, 2007Jessica Coulter, a first-year law student at Regent University in Virginia Beach, Va., worried when she started getting letters marked "confidential" and ...
Key Education Resources Waiving 1 Percent Federal Default Fee for ...PR Newswire (press release), NY - Apr 12, 2007The fund covers student loan defaults as well as default prevention initiatives. Key Education Resources, the education financing arm of KeyBank, ...STU
Key Education Resources Waiving 1 Percent Federal Default Fee for ...PR Newswire (press release), NY - Apr 12, 2007Giving student loan borrowers a little bit more to pay for college expenses CLEVELAND, April 12 /PRNewswire-FirstCall/ -- Today's college students need more ...KEY
Graduate Leverage Establishes Position As Leading Student Loan ...Emediawire (press release), WA - Apr 12, 2007The results included $1.7 billion in student loan originations, through which more than 50000 students were able to secure superior loan terms. ...STU

Law, Law Student, Law Student Loan, Law Student Loan Consolidation, Student Loan Consolidation, Consolidate Law Student Loan

Monday, April 23, 2007

Law student Loan news update


CNNMoney.com
MONDAY: States join in student loan agreements (1:30 pm)
Niagara Gazette, NY - 3 hours ago
Also Monday, a lender agreed to pay $21000 to a government fund to help parents and students learn about their rights in borrowing student loans, ...
States join in student loan agreements Staten Island Advance
College loans must benefit the students Dallas Morning News (subscription)
Updates on the Loan Scandal Inside Higher Ed
all 190 news articles »
Education Department Shuts Access to Student Loan Database
Dark Reading, NY - 6 hours ago
The Education Department created the database in 1993 to help universities and lenders share information on student loans. The system is populated with ...
Loan sale won’t affect students anytime soon Columbia Daily Tribune
Blunt's education plan may be moving ahead Belleville News-Democrat
all 11 news articles »
Professor-student team addresses college loan debt
Baylor University The Lariat Online, TX - Apr 19, 2007
"I was quite experienced with student loans, so I thought it would be interesting to research the topic," LeMay said. "And Dr. Cloud had already studied ...
Drexel vows to fight Cuomo over student loans
Philadelphia Inquirer, PA - Apr 20, 2007
"We have carefully reviewed our practices regarding student loans, and we are satisfied that there is no conflict of interest," Drexel president Constantine ...
Colleges Relying on Lenders to Counsel Students
Tuscaloosa News (subscription), AL - Apr 21, 2007
Ms. Jones, a 22-year-old who has $17000 in student loans, had unwittingly stumbled upon another undisclosed relationship between universities and loan ...
AG's Office probing 2 companies over student loans
FOX11AZ.com (subscription), AZ - Apr 19, 2007
(AP) -- The Arizona Attorney General's Office is investigating two companies that handle student loans in the state to determine if they have broken the law ...

Marketplace
Surviving student loan scandal
Marketplace, CA - Apr 21, 2007
It's the country's biggest student lender. Sallie Mae directly or indirectly funds about 40 percent of private student loans in this country. ...
Promises to pay for agenda frustrating Democrats
San Diego Union Tribune, CA - 8 hours ago
Lenders are balking because the cost to the government of lower interest for student loans will come out of the subsidies they get in issuing them. ...
AG investigating companies that handle student loans
KOLD-TV, AZ - Apr 19, 2007
PHOENIX Arizona Attorney General Terry Goddard is looking at two companies that handle student loans in Arizona and whether they've broken the law. ...
Filling the Cubicles of the Future
GovExec.com, DC - 18 hours ago
George Voinovich, R-Ohio, has offered legislation that would boost repayment of student loans for new employees. Under current law, federal departments and ...


Law, Law Student, Law Student Loan, Law Student Loan Consolidation, Student Loan Consolidation, Consolidate Law Student Loan

Sunday, April 22, 2007

Law Student Loan Consolidation News

Kennedy Reshapes Abortion Conflict as He Refines 'Swing Vote' Role
Legal Times

With last week's controversial Supreme Court decision on "partial birth" abortions, Justice Anthony Kennedy redefined the "swing vote" term to his liking, to mean someone who can lead and persuade the Court in a new direction. In so doing, he has introduced wrenching and controversial new language into the abortion debate, while seeming to telegraph to liberals on and off the Court the message: "Don't think I can easily be swayed, especially when fundamental morality is at stake."

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Gonzales Hearing Showcases Policy Shift
Legal Times

During Attorney General Alberto Gonzales' hearing last week, crucial details emerged about how management of the Justice Department has changed during the Bush administration. Gonzales' testimony revealed a department that has lowered the traditional walls between the White House, Main Justice and the U.S. Attorney's Offices in the field, former Justice officials say. And that could have a profound impact on the way the department carries out its business in the future.

Did Cocktail Party Chatter Cause Law Firm to Breach Fiduciary Duty?
Texas Lawyer

Four years after Cox Smith Matthews settled a suit on behalf of Total Clean LLC for $4.5 million, the San Antonio-based firm is defending itself in a case brought by its former client. According to the petition, as the trial date approached, a firm shareholder told Total Clean "that the federal judge told her at a cocktail party that he would only permit a trial lasting five days." An attorney for Total Clean says his client would not have settled the case if not for the alleged misrepresentation.

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More Stories
Calif. Bar Still Wants Insurance Disclosure Rule
The Recorder

After California Bar leaders announced last year that they might require lawyers to tell clients if they don't carry malpractice insurance, complaints began pouring in from attorneys concerned that clients would be more apt to sue, or that the resulting costs would drive them out of business. Friday the Bar's Insurance Disclosure Task Force intends to recommend the proposal be tweaked to address some complaints, but still seems to think disclosure is the right way to go.

N.Y. DA Says Former Judge, Assemblyman Hold Keys to Probe of Buying and Selling Judgeships
New York Law Journal

With the bribery conviction of former Justice Gerald P. Garson in hand, Brooklyn District Attorney Charles J. Hynes said Friday that "the end game" of his office's four-year probe into the buying and selling of judgeships is about to begin. Hynes said Garson and former Assemblyman and Brooklyn Democratic county Chairman Clarence Norman hold the "keys" to proving allegations that candidates have had to pay $50,000 or more to obtain judgeships, stories that "have been around longer than you or me."

A Lawyer and an Ass Walk Into a Courtroom ...
Texas Lawyer

After a neighbor complained that his son's pet donkey was a loud nuisance, Dallas lawyer C. Gregory Shamoun brought the donkey, known as Buddy, into a courtroom to attempt to prove otherwise to a jury. Questions about Buddy's behavior arose in a suit Shamoun filed, accusing neighbor John Cantrell of assault. Cantrell alleged in a counterclaim that Shamoun intentionally interfered with his enjoyment of his property by allowing a burro and a calf to roam freely in Shamoun's backyard.

Attorney Hit With $6.6 Million Malpractice Verdict
The Legal Intelligencer

A lawyer who is now with Montgomery McCracken Walker & Rhoads was hit with a legal malpractice verdict of more than $6.6 million in a suit brought against her and her former firm by a corporate real estate client that said her poor drafting of a lease agreement sparked a lawsuit in California that cost $4 million to settle. In his verdict from a nonjury trial, a judge ruled that attorney Karen Senser and Segre & Senser must reimburse Crown Cork & Seal the $4 million, as well as attorney fees and interest.

Former Admissions Director Sues Elite N.Y. School Over Diversity
New York Law Journal

The former admissions director of one of New York's most elite private schools can go forward with an unusual breach-of-contract suit accusing Riverdale County School of faking a commitment to diversity in its student body. A judge ruled that Shereem Herndon-Brown was not an at-will employee because his offer letter stated his salary would be paid in "twelve monthly installments." Herndon-Brown claims the school intended to use him as "window dressing" while maintaining discriminatory practices.

Quirky Criminal Bills Take Regulation Too Far, Critics Say
The National Law Journal

In Texas, it may soon be a crime to miss parent-teacher conferences -- just one of a wide assortment of transgressions that legislators in different states are considering making subject to criminal punishment. Some commentators see the latest wave of bills as part of a dangerous tendency toward overcriminalization. One expert cautions that politicians are misusing criminal law as a tool "to signal that they are serious about whatever the social problem of the month is."

Title Clash: When Law Firms and Their Former Attorneys Disagree
The Legal Intelligencer

After a lateral move earlier this month by an intellectual property partner from Reed Smith left the two sides disputing the defecting attorney's title while at Reed Smith, some interesting insights appeared into how attorneys are permitted to market themselves in large law firms. The question then arose: Should firms allow attorneys to take on titles that bring with them no delegated responsibilities but could potentially present marketing opportunities for the firms and attorneys?

Legal Thinkers Clash in Debate on U.S. Surveillance
Special to Law.com

Better more domestic surveillance than another Sept. 11-type attack on U.S. soil? That was the question in a lively, sold-out debate at the Asia Society's New York headquarters Wednesday night. Six panelists -- including New York Times best-selling author David Frum and ACLU President Nadine Strossen -- squared off over questions such as war's influence on the need for surveillance and technology's role in balancing privacy and security.

The Trial Judge as Adversary on Appeal
Special to Law.com

In this commentary, litigator Howard J. Bashman reflects on his experiences with judges and, in particular, a recent case of first impression before Pennsylvania's highest court. When do trial judges cross the line in writing their opinions? Bashman shares his thoughts on the matter.

Commentary: Why Our Boutique Decided to Go Big
The Recorder

Marcus Topel and William Goodman had total independence and lots of high-profile work. So why did they decide to merge their seven-attorney firm in the San Francisco Bay Area with a 230-lawyer firm in New York? The two criminal defense lawyers explain that no matter how successful their firm was, they felt unremitting pressure to bring in more business and to service virtually all of the clients -- not to mention meeting the ever-increasing associate and support staff salary demands of the current market.
Visit Small Firm Business

Smaller Telecoms Seek a Second Line
Legal Times

Small, rural telecom providers historically have looked to the United States Telecom Association for political muscle in Washington. But in recent years, they have become frustrated because they feel the USTA has shifted its focus to industry giants such as AT&T and Verizon instead of looking out for the rank-and-file. With an evolving industry, divisions between small and rural carriers, and a Democratic Congress that will push for greater federal oversight, this is the USTA's moment to prove its mettle.
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Law, Law Student, Law Student Loan, Law Student Loan Consolidation, Student Loan Consolidation, Consolidate Law Student Loan

Law Student Loan Consolidation News

Colleges Relying on Lenders to Counsel Students
Tuscaloosa News (subscription), AL - Apr 21, 2007
“There is no shortage of erroneous information that a student could receive in a group counseling session,” Ms. Gross said. “Student loan consolidation ...
Colleges Relying on Lenders to Counsel Students
New York Times, NY - Apr 21, 2007
“There is no shortage of erroneous information that a student could receive in a group counseling session,” Ms. Gross said. “Student loan consolidation ...
How to Save Thousands on Student Loan Repayment
Collegiate Presswire (press release), NJ - Apr 16, 2007
If this law passes it will help future students but will not affect students who currently have loans. The facts on student loan consolidation are simple. ...
How do families finance education?
Fauquier Times-Democrat, VA - Apr 19, 2007
Her father admitted there is the possibility that by Sarah's final year, the increasing costs may force her to take out a student loan. ...
EXCLUSIVE: Education Department Official Implicated in Widening ...
New America Foundation, DC - Apr 5, 2007
What is clear is Student Loan Xpress, which started in 2001 primarily as a student loan consolidation company, stood to benefit significantly from having ...

ABA Journal
Lawyers with staggering student loan debt have options, but many ...
ABA Journal - Apr 4, 2007
based Access Group, a nonprofit student loan provider with a focus on law students. While the news may be filled with reports of young lawyers making ...
Key Education Resources Waiving 1 Percent Federal Default Fee for ...
PR Newswire (press release), NY - Apr 12, 2007
The fund covers student loan defaults as well as default prevention initiatives. Key Education Resources, the education financing arm of KeyBank, ...

U.S. News & World Report
Be Wary of Loan Letters
U.S. News & World Report, DC - Apr 8, 2007
Jessica Coulter, a first-year law student at Regent University in Virginia Beach, Va., worried when she started getting letters marked "confidential" and ...
Key Education Resources Waiving 1 Percent Federal Default Fee for ...
PR Newswire (press release), NY - Apr 12, 2007
Giving student loan borrowers a little bit more to pay for college expenses CLEVELAND, April 12 /PRNewswire-FirstCall/ -- Today's college students need more ...
Graduate Leverage Establishes Position As Leading Student Loan ...
Emediawire (press release), WA - Apr 12, 2007
The results included $1.7 billion in student loan originations, through which more than 50000 students were able to secure superior loan terms. ...
Nelnet and First Marblehead could be next after Sallie Mae
Financial Times (subscription), UK - Apr 17, 2007
Nelnet, based in Lincoln, Nebraska, may be the next student loan company to be targeted because of its resemblance to Sallie Mae, the two executives said. ...
Loan sharks in LMU's waters
Los Angeles Loyolan (Subscription), Los Angeles - Apr 11, 2007
As for the representative at the workshop, Prisco explained that the university wants to "give students guidance from experts in the student loan industry. ...
Sallie Mae Accepts $25 Billion Bid From Funds, Banks (Update3)
Bloomberg - Apr 16, 2007
``There's a lot of potential value, and there's scope for consolidation as well'' in the student-loan industry, said Lucy MacDonald, chief investment ...

Best Syndication
Eliminate Your Debt – Realistic And Achievable Solutions
Best Syndication, CA - Apr 17, 2007
Debt Consolidation – Debt consolidation involves obtaining a loan to combine several loans and credit card debts into one loan. ...
Blackstone Considers $20 Billion Bid for Sallie Mae (Update4)
Bloomberg - Apr 13, 2007
First Marblehead Corp. rose 74 cents, or 1.7 percent, to $44.43, while Student Loan Corp. climbed $8.50, or 4.7 percent, to $191. Nelnet Inc. gained $1.46, ...
Blackstone Considers $20 Billion Bid for Sallie Mae (Update2)
Bloomberg - Apr 13, 2007
April 13 (Bloomberg) -- Blackstone Group LP is considering a $20 billion takeover offer for SLM Corp., the largest US student loan provider, ...
Blackstone considers $20 billion bid for Sallie Mae
St. Louis Post-Dispatch, MO - Apr 13, 2007
Blackstone Group LP is considering a $20 billion takeover offer for SLM Corp., the largest US student loan provider, a person familiar with the talks said. ...
Investigation of Lenders' Ties to Colleges Expands
Chronicle of Higher Education (subscription) - Apr 9, 2007
Then, it was reported that a top official at the US Education Department, Matteo Fontana, held at least $100000 worth of stock in Student Loan Xpressa after ...
Cuomo Takes Aim at Colleges
Inside Higher Ed, DC - Apr 2, 2007
Among the practices cited are “revenue sharing” agreements between lenders and colleges, “denial of choice” to borrowers, exclusive loan consolidation ...
Standing Up to Bullie Mae
Port Folio Weekly, VA - Mar 26, 2007
Then consider how American students and their parents feel who are experiencing exactly the same problem with their federally insured student loan debt. ...
Who's looking for your address?
PSU Daily Vanguard, OR - Apr 5, 2007
Students who have chosen through Banweb to make their addresses and phone numbers private may be surprised to learn that public records law makes student ...
Debt Services: Who Should You Hire?
American Chronicle, CA - Apr 10, 2007
Debt consolidation can otherwise be done personally by contacting lenders or resorting to a debt consolidation loan. However, if you feel overwhelmed by so ...
Business Highlights
Forbes, NY - Apr 9, 2007
ALBANY, NY (AP) - A student loan company paid consulting fees to a student loan officer at Johns Hopkins University, paid for some of her graduate school ...
Business Highlights
BusinessWeek - Apr 9, 2007
ALBANY, NY (AP) -- A student loan company paid consulting fees to a student loan officer at Johns Hopkins University, paid for some of her graduate school ...
Around the nation
Houston Chronicle, TX - Apr 9, 2007
CIT Group said it placed the three top executives at its Student Loan Xpress unit on paid leave after New York Attorney General Andrew Cuomo's inquiry into ...
Release No. 0098.07
USDA.gov (press release), DC - Apr 18, 2007
We provide $1.6 billion in loan guarantees and $500 million in grants for our rural communities. This probably was the most surprising thing about my ...
Digging out
Online Athens (subscription), GA - Apr 7, 2007
They also started looking into loan consolidation services to streamline their debt payments. But Laferriere advised against both of those options and ...
Taubman's book looks at success and prison
Oakland Press, MI - Apr 7, 2007
BLOOMFIELD HILLS Born and raised in Pontiac to German Jewish immigrants, A. Alfred Taubman turned a $5000 loan into a $579 million enterprise. ...

Law, Law Student, Law Student Loan, Law Student Loan Consolidation, Student Loan Consolidation, Consolidate Law Student Loan