The Future of Student Loan Reforms Under the Biden/Harris Administration
Student Loan Repayment Benefit Under a 401(k) Plan: An Important New Benefit That Employers Can Offer Right Now
The Bottom Line Employers who wish to attract and retain a young and educated workforce should consider amending their 401(k) plans to provide this benefit. Employers interested in providing this student loan repayment benefit should consult with ERISA counsel prior to Continue Reading
10th Annual Education & Loan Symposium
Davis+Gilbert is a proud sponsor of the 10th Annual Education & Loan Symposium taking place in Old Town Alexandria, VA, May 9-10. On May 9, Joseph Cioffi, Davis+Gilbert Insolvency + Finance Chair, will moderate a session titled "Valuation and Securitization Trends, Feeding the Beast: Continue Reading
Law360 | Federal Vs. State: The Fight To Regulate Student Loans
Asset Securitization | Yes, the President’s Words Do Matter, Even for Student Loan Litigation
American Banker | Crisis in Student Loan Servicing is Building
Claims Against Navient Echo Problems with Subprime Mortgage Loan Servicers
The Bottom Line The allegations in the recent CFPB action against Navient are reminiscent of the abusive tactics that the CFPB alleged subprime mortgage servicers employed against struggling borrowers, which ultimately led to record-setting settlements. Unlike mortgage loan servicers that have had Continue Reading
Recent Actions Against Navient May Expose Problems Contributing to the Student Loan Debt Crisis
The Bottom Line It is uncertain how the Trump administration will deal with the student loan problem. On the one hand, his negative views of the current head of the CFPB and even regulation generally are well documented. But on the other hand, he has proposed more borrower-favorable income-based Continue Reading