Borrowers who say they were duped into paying for useless help in reducing their student debt now have a way to fight back. A New York public interest law firm has filed a class action complaint against Equitable Acceptance Corp. and dozens of its affiliates. The New York Legal Assistance Group is taking calls from … Continued

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Pursuing student loan forgiveness entails a decade of meticulously recorded payments, hours on hold with your servicer and infinite patience. Success, however, arrives without much fanfare. Public defender Shelly Tomtschik was in court when she got the email notifying her that the quest was over: “Congratulations! After final review of your Public Service Loan Forgiveness … Continued

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Bernadette Joy and AJ Maulion How much: $309,800 in 3 years Bernadette Joy Maulion, 34, went to business school part time after a career in human resources, hoping to start a new chapter in her professional life. School wasn’t cheap, and she took out $72,000 in student loans. She and husband AJ, 37, had a $57,000 … Continued

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