Slow repayments have become the most important contributor to rising student loan balances, Moody’s Investors Service. In the past, rising tuition and climbing college enrollments were the largest contributors to increasing student loan balances, according to the ratings agency. More...
Moody’s: Slow Student Loan Repayment Driving High Balances, Bringing Social, Credit Implications
Moody's: Slow Student Loan Repayment Driving High Balances, Bringing Social, Credit Implications
By Rick Seltzer. Slow repayments have become the most important contributor to rising student loan balances, Moody’s Investors Service said in a report released Thursday. More...
House Rebukes DeVos on Borrower Defense
By Kery Murakami. The Democratic U.S. House of Representatives easily passed a resolution Thursday expressing disapproval of Education Secretary Betsy DeVos’s borrower-defense rule, which will make it significantly harder for student borrowers to receive debt forgiveness after being defrauded by colleges. More...
Muddied Picture for Defrauded Borrowers
By Kery Murakami. Betsy DeVos has sought to make it more difficult for defrauded student loan borrowers to get full debt relief with an approach that is facing political and legal challenges. More...
Un nouveau prêt à taux zéro pour les TPE
La croissance de l’activité économique insulaire est freinée par le déficit d’investissement productif des entreprises en Corse. Plus...
Exploiting The Unbundling Of Education
Four out of 10 recent college grads in 2019 are in jobs that didn’t require their college degree. Student loan debt is at an all-time high, as it has climbed to more than $1.5 trillion this year. More...
Student Loans A Lot Like The Subprime Mortgage Debacle, Watchdog Says
This time around it’s the government making the vast majority of the loans. That’s effectively turned the Department of Education into the country’s largest consumer lender. More...
No-cosigner loans help diversify student cohorts
By Viggo Stacey. International student loan provider MPOWER Financing has laid out evidence of how it has helped students from overseas who would not have been able to travel to North America without the company’s services in its social impact report. More...
Int’l grads to build US credit history with Prodigy
By Viggo Stacey. International students using Prodigy Finance loans will now have their payments count towards their credit scores, the company has announced, meaning applicants will be able to secure other loans in the US. More...