News & Analysis as of

Student Loans Divorce

Weber Gallagher Simpson Stapleton Fires &...

Another Blow to College Debt

In Pennsylvania parents are not required to pay for their children’s college education. In many instances, parents in an intact marriage agree to co-sign student loans to help their children obtain an education. If a divorce...more

Ward and Smith, P.A.

Student Loan Woes: How Marriage and Divorce Affect Student Loans

Ward and Smith, P.A. on

Student loans have become a familiar discussion among families and, more recently, a subject for debate between the federal government and the Courts....more

Obermayer Rebmann Maxwell & Hippel LLP

Student Loans and Divorce: Yours, Mine, or Ours?

Which debts are considered marital? According to the Divorce Code, all debt acquired from the date of marriage, through the date of separation, regardless of how it is titled, is considered “marital” debt....more

Fox Rothschild LLP

IS CONTINGENT DEBT SUBJECT TO DISTRIBUTION? A Student Loan Guaranty Needs to be Addressed in Divorce

Fox Rothschild LLP on

A panel decision issued April 27, 2022 takes on an issue heretofore undecided in Pennsylvania but an issue of enormous consequence to many marital estates; the matter of student debt. ...more

Fox Rothschild LLP

Wall Street Journal Takes on the College Cost Issue

Fox Rothschild LLP on

The November 10 Wall Street Journal stuck a pin in an otherwise accepted “truth”; that post secondary education is always a good investment. In a front page article titled “A $115,000 U.S.C. Degree Yields Low Pay, Huge Debts”...more

Fox Rothschild LLP

College Debt & Equitable Distribution

Fox Rothschild LLP on

When couples decide to end a marriage, the process involves division of the good (the assets) the bad (the liabilities) and the ugly (liabilities that exceed assets). Hearing officers whom we have spoken with report that they...more

Fox Rothschild LLP

Are Agreements To Make Your Children Take Out Student Loans To Pay For College Enforceable?

Fox Rothschild LLP on

It is not unusual for parties to address their children’s college education in their Marital Settlement Agreements. If children are college age or close, parties may actually specifically determine the percentages that they...more

McNees Wallace & Nurick LLC

Court Does Not Reduce Child Support Due To Parent’s Student Loan Payments

In a January 2016 Pennsylvania Superior Court non-precedential decision, J.B v. B.B., the court held that father was not entitled to a reduction of his $1,500 per month child support payment even though father was paying...more

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