Justia Lawyer Rating for Evan M. Rosen
AV Preeminent 2020
Florida Legal Elite
AVVO 10.0
Super Lawyers
National Institute for Trial Advocacy
NACA Member

Selling a Dream: Foreclosure Crisis as a Bellwether for the Education Debt Crisis

The Law Offices of Evan M. Rosen, P.A.

When financed through complex credit schemes that lack basic consumer protections, homeownership and higher education can quickly become debt shackles instead of the promised brass ring of financial security and middle class status.  In today’s harsh economic and jobs climate, education debt that burdens millions of young Americans is often far in excess of their foreseeable earning capabilities.  Often, the cost of borrowing to fund certain types of education is not commiserate with the realistic future earning power gained.  The Department of Justice along with many states’ Attorneys General are probing for-profit education outfits that promise a valuable education but actually offer a paper degree for which there is often little or no demand in the real world.

When financial institutions lure millions of families to take on predatory debts to finance an over-valued home or an over-valued education the end result is the same, an asset that is worth far less than the debts incurred to obtain that asset.  In the aftermath of the financial run-up of the housing market and the prolonged foreclosure crisis, homeownership is at it’s lowest rate in fifteen years. Today, there is an ongoing financial run-up of education. How will this end for families and students?

USNews.com published an article yesterday, Student Loan Debt Rises as Most Other Debt Falls, which points out that both the total debt load and the delinquency rate for education debt is rising at alarming rates.  It offers some sage advice, If you’re considering borrowing to help pay for college, be sure to research your options and determine a smart amount to borrow, based on your financial situation, academic major, and career plans.

For a more on state attorneys general investigating for-profit colleges go to CaliforniaWatch.org here

If you are looking for help with any kind of debtforeclosurereal estate or want more information about bankruptcy law, call us at (754)400-5150 or fill out our online form for a FREE CONSULTATION.  Let the lawyers and staff at the Law Offices of Evan M. Rosen serve you!

We are a debt relief agency.  In addition to other legal services, we help clients file for bankruptcy relief under the Bankruptcy Code.

Client Reviews

Mr. Rosen was recommended to us by our friends and we highly recommend him for his excellent service. He represented us in the matter of foreclosure defense. His comprehensive and detailed knowledge of Florida law, federal law, and ongoing relevant cases was key to building a robust and winning...

Jadwiga M.

In a few words, Evan Rosen saved my house. He got a final judgment in my favor. The judge gave the bank many opportunities (continuance of the trial even a mistrial) to solve all the issues that Evan Rosen will bring up to the judge (issues that were wrong with my case). In the end, his arguments...

Oscar D.

I am so grateful first to god and for the blessing of putting attorney Evan Rosen and his team of professional, in our lives. If you are going through a foreclosure and don't know what to do, I can honestly tell you that attorney Evan Rosen is the person to talk (855-55-Rosen) he takes his time to...

Julie D.

Contact Us

  1. 1 Treat You Like We’d Want To Be Treated
  2. 2 Treat Your Case As if It Was Our Own
Fill out the contact form or call us at 754-400-5150 to schedule your consultation.

Leave Us a Message