ON DEMAND: Understanding Your Student Loan Debt

Class recorded August 2020

On August 24, 2022, the Biden administration announced limited forgiveness of federal student loans depending on borrower income and other factors. To learn more, including how to apply, please click here

How do I pay for college? If I take out student loans, when does repayment start? What are the consequences if I can’t pay back my student loans? What happens if I take out student loans and my college closes?

Whether you already have a student loan or are just considering taking out a student loan, it is important to understand how student loans work and how to use them without creating problems in the future. This class will provide information on how student loans work, what happens if you stop paying your student loans and what to do if you can’t pay.

Class covers:
• Things to consider before taking out student loans
• Federal vs. private student loans
• How to get student loans
• Overview of the repayment process
• Consequences of not paying back student loans
• How to identify student loan scams
• Legal assistance services
• And much more!

Presented by:
Josephine S. Lee on behalf of Legal Aid Foundation of Los Angeles (LAFLA) (http://www.lafla.org/)

Course Materials: If you would like to receive a copy of the course materials for any of the classes, including any PowerPoint used, please register at the Register Now! button for the class, provided below. A staff member will email you the course materials (usually within one business day).

LA Law Library does not provide legal advice:
LA Law Library does not provide legal advice. LA Law Library provides legal resources and assistance with legal research as an educational service. The information presented in this program is not legal advice and is provided solely as an educational service to our patrons. For legal advice, you should consult an attorney.
During Pro Bono Week only, if you attend an online class and still have a question related to the content of that class, you can submit your question online and it will be answered by our team of expert law librarians or the class instructor. Simply watch your class to the end and then follow the instructions on the final slide to submit your question online.