1. Student Loans
The Plague of the Young and Old
By: D.J. Rausa, Esq.
San Diego Business Group Presentation
I. The Gravity of Student Loan Debt:
a. 1.3 Trillion Dollars in outstanding student loans
b. Default rate, 20%
c. This problem is not going anywhere.
d. 40% of outstanding student loans are not in repayment status.
e. Absent a complete overhaul of the system, it will only get worse
II. Major Causes of the Student Loan problem
a. The cost of higher education
b. Free flow of Federal Student Aid
c. Historic availability
d. Lack of Checks and Balances by the Dept. of Ed.
e. Entry of Private student loan lenders
f. Abuses by For-Profit colleges
III. The Plague for the Young.
a. Value of the education
b. Promise of job placement
c. Promise earning capacity
d. Promise of salary.
IV. Relief Available for the Young
a. Defense to Repayment
b. Closed school Discharge
c. Income Driven Repayment Plans
V. The Plague for the Old
a. Their own student loans
b. Parent Plus loans
c. Defaulted loans
d. Loans in collections
e. Drain on financial/retirement resources

2. VI. Relief Available for the Old
a. Get out of Default
b. Get loans performing
c. Avoid collections
d. Income Driven Repayment Plans
e. Total and Permanent Disability
The Law Offices of D.J. Rausa
1081 Camino del Rio South, Ste. 207
San Diego, CA 92108
619 295-3322
dj@debtdoc.com