Now that the outstanding student loan debt in the U.S. has surpassed $1 trillion, more than six million Americans are at serious risk of defaulting on their educational loans. Assistance is needed, now more than ever, for those faced with overwhelming debts brought on by their pursuit of higher education.
At LSSP, we seek to aid those who have issues with their student loans as part of our consumer practice. We aim to:
– assist borrowers in evaluating different repayment options, including the pros and cons of each;
– assist clients in getting out of and staying out of default;
– deal with harassing and abusive debt collection conduct and make an evaluation whether a borrower may qualify for a discharge or cancellation of the student loan debt and assist with obtaining when appropriate; and
– represent borrowers sued by the lender or the Department of Justice.
Check out the infographic below to learn more about the current state of student debt from www.demos.org.
Visit here if you would like to share this infographic.