Recent Developments in Federal Student Loan Debt Relief 2022 (Live Webcast)
- 12:00 PM - 3:30 PM
- Eastern Time (US & Canada)
- By: Practising Law Institute
- Student Loans
The Practising Law Institute is offering a webcast of a live presentation from San Francisco entitled Recent Developments in Federal Student Loan Debt Relief 2022 on September 8, 2022 from 12:00 PM-3:30 PM Eastern.
Full scholarships and discounts to attend PLI programs are widely available to attorneys working in nonprofit/legal services organizations; pro bono attorneys; government attorneys; judges and judicial law clerks; law professors and law students; senior attorneys (age 65 and over); law librarians and paralegals who work for nonprofit/legal services organizations; unemployed attorneys; and others with financial hardships.
All eligible attendees are urged to complete and submit a PLI Scholarship Application.
Why You Should Attend
It’s no secret that our current system of higher education financing is broken, with millions of Americans burdened by unaffordable debt loads that stymie their financial lives. In some cases, borrowers were defrauded by predatory for-profit schools, ending up with massive debt but no job prospects. Even those with legitimate degrees and the best of intentions may find themselves held back by ever-growing balances and shoddy loan servicing, in the dark about options laid out in federal law and regulation. Add to this the well-documented effects of student debt on the racial wealth gap and the record number of seniors entering retirement with student loan debt, and the issue is more pressing than ever. The good news is that the Biden administration’s Department of Education has gradually been implementing fixes to address documented failures in various debt relief programs. This program will review recent key announcements by the Department of Education, and will be of interest to attorneys who counsel clients on consumer matters. It may also be relevant to attorneys’ own financial lives and those of their friends, family, and colleagues – anyone who has taken out federal loans to advance their education and who struggles with repayment.
What You Will Learn
After completing this program, participants will be able to:
- Analyze key provisions in federal law & regulation for managing student loan debt
- Recognize opportunities for borrowers working in public service to advance their progress towards forgiveness under the Public Service Loan Forgiveness (PSLF) Limited Waiver
- Identify borrowers who may benefit from the Income-Driven Repayment (IDR) payment count revision
- Understand the complicated history of IDR, how student loan servicers failed to guide borrowers through IDR, and why the payment count revision policy was instituted
- Prepare borrowers in default to resume payments under the “Fresh Start” policy
- Assess recent progress in forgiving debt from fraudulent schools, including who can expect to get automatic relief and who still needs to apply
- Advocate for individual relief
Who Should Attend
This program is appropriate for attorneys of any experience level who are interested in the latest developments in federal student debt relief in order to advocate for their clients and/or themselves.
- CLE Credit Comments:
Pennsylvania CLE Credit: Three (3.0) Substantive Credits.
For all compliance periods ending in 2022: At least six credits must be live-online or in-person/classroom. Up to six credits may be completed through pre-recorded online courses. Only credits through live-online and in-person/classroom courses taken during this period may carry forward (up to two compliance periods).More information on distance learning CLE credit.
Practising Law Institute800.260.4PLI (4754)