Local Chicago law firm Kaplan Law Firm has changed how people handle student loan debt, becoming one of the prominent firms helping Americans deal with college costs. Led by Rae Kaplan, the firm started in Chicago and now works with clients nationwide, finding ways to solve student loan problems that affect American higher education.
As the firm has grown, so have the problems in America’s financial system. Student loan debt in the United States will reach $1.773 trillion by 2025, with federal student loans making up 92.4%. In this challenging situation, Kaplan Law Firm helps borrowers find their way, using its knowledge of student loan rules to create plans that help clients lower their debt.
Redefining Legal Support for Student Borrowers
The Kaplan Law Firm approaches student loan law differently. Its team creates personal debt-management plans beyond essential bankruptcy and financial planning, with the numbers showing that its approach works. It has helped clients get more than $22 million in loans forgiven, helping thousands of families across the country recover financially.
The firm also helps families plan before college starts, advising them on how to pay for school. “The choices you make before starting college can either save you thousands or cost you hundreds of thousands in extra loan payments,” Kaplan says. By helping families early on, the firm helps them avoid common mistakes, and families trust the firm to guide them through paying for college.
Expertise in Complex Regulations
Student loan rules keep changing, creating a maze of policies that make it hard for most people to understand what to do. Kaplan Law Firm knows these rules inside and out, delivering clear solutions when others cannot. Lawyers stay current on legislative updates so clients get precise, timely counsel.
By 2025, people with federal student loans owed an average of about $38,375, which jumped to around $41,520 when counting private loans. With debts that are so high, people need the help of legal professionals who know the laws on student loans. Kaplan’s team uses every part of the Higher Education Act that might help, making plans that fit each person’s situation. This careful planning often cuts monthly payments by hundreds or thousands of dollars, and some clients achieve complete debt elimination.
Building a National Presence
Kaplan Law Firm’s Rae Kaplan contributes valuable insights to public discourse on student debt, while policymakers and media outlets frequently seek her expertise. Her team’s success comes during notable changes in the student loan industry, with projections showing the global student loan market could reach $8,750.75 billion by 2031.
Through digital platforms and remote consultation services, Kaplan Law Firm ensures borrowers nationwide can access its expertise regardless of location. This digital expansion strategy allows the firm to assist the four million new student loan borrowers entering the market each year while maintaining its high standards of personalized service and expert guidance.
Future Growth and Impact
Kaplan Law Firm continues developing new technologies and services to reach borrowers more effectively. The firm’s investment in digital solutions reflects its understanding that modern legal services must adapt to client needs and preferences while maintaining the personal touch that has defined its practice.
For Rae Kaplan, the focus remains on the human impact of their work. “Every loan we help forgive, every payment we help reduce, represents a life changed,” she says. The firm’s evolution from a Chicago practice to a national authority demonstrates how specific legal knowledge and experience can address one of America’s pressing financial challenges and how dedicated legal professionals can create meaningful solutions for those facing educational debt.
