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Celebrating One Year of Student Loan Legal Advocacy

February 29, 2012 | Adam S. Minsky, Esq. Site & Practice News

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A year ago this week, I opened one of the first law offices in the country dedicated entirely to helping student loan borrowers. I had no idea what to expect; I knew a lot of people in this country had student loan-related legal problems, and I thought I could help, but I just didn’t know what challenges and hurdles I might face, and whether I would actually be able to help people. It’s been a truly exciting and (dare I say) successful year. I had a little fun and crunched some numbers to see what’s been accomplished here over the past 12 months:

  • Over $910,000 (nearly $1 million!) in student loans have been brought out of default.
  • 26 borrowers have been switched to Income-Based Repayment plans, with tens of thousands of dollars in total monthly savings compared to Standard and Graduated repayment plans.
  • 21 borrowers have been removed from collections.
  • 30 borrowers have been issued federal Direct Consolidation loans, with over $2 million in student loans consolidated.

Honestly, my favorite aspect of the work has been the clients. All of you have been truly a pleasure to work with, and you make my job so enjoyable (and sometimes even fun… Let’s be serious, what can be more fun than snatching a $100,000 student loan from the clutches of a nasty collections agency?). I have to say, although I am very proud of these numbers, there’s still a lot of work to be done. Looking forward to new challenges and loftier goals for the coming year.

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Site & Practice News

About Adam S. Minsky, Esq.

Adam S. Minsky founded the first law office in Massachusetts devoted entirely to assisting student loan borrowers, and he is one of the only attorneys in the country practicing in this area of law. He provides counsel, legal assistance, and direct advocacy for borrowers on a variety of student loan-related matters. He regularly speaks to students, graduates, and advocates about the latest developments in higher education financing.

Books by Adam S. Minsky

The Student Loan Handbook for Law Students and Attorneys

The Student Loan Handbook for Law Students and Attorneys

Student Loan Debt 101

Student Loan Debt 101: The Definitive Guide to Understanding and Managing Your Student Loans

Student Loans for Parents and Cosigners

The Student Loan Guide for Parents and Cosigners

617-936-2788
asminsky@minsky-law.com
By Appointment Only 265 Franklin Street, Suite 1702
Boston, MA 02110

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