Jaran R. Blessing
Attorney
Federal Student Loans
Limited guidance on federal student loan repayment, forgiveness, settlement, and Parent PLUS or Direct loan issues when they are a fit for the office.
The Student Loan Issue:
Federal student loans can follow families for years. Some clients are still dealing with loans from graduate school or other later-life education. Others are trying to understand Parent PLUS loans, Direct loans, or older federal loan programs taken out for a child or grandchild. The rules are complicated, and the right next step often depends on the exact type of loans involved.
Federal student loans are not all treated the same. Direct loans, Parent PLUS loans, FFEL or FFELP loans, and other federal programs may qualify for different repayment, forgiveness, consolidation, or settlement options. Timing matters as well, because program rules and temporary relief measures can change.
If you are not sure what type of federal loans you or a loved one has, contact the office to have an attorney review the situation.
Lower Payments
We can help review whether a more manageable monthly payment may be available under the current federal repayment rules.
Forgiveness
There are a number of federal loan-forgiveness programs, but eligibility depends heavily on the loan type and the borrower's circumstances. We can help assess whether there is a realistic path forward.
Settlement
If your situation has become unmanageable, and lower payments or forgiveness are not available, we can review whether settlement or another practical strategy makes sense.
Work with the attorneys who handle this area
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Peterborough office
Need help thinking through the next steps?
The Peterborough office can help you review the facts, the documents involved, and the practical options available in your situation.