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27 avril 2015

Navy Federal Credit Union Will Now Offer Student Loans

U.S. News University DirectoryBy Erin Palmer. Students will soon be able to get private students loans from the largest credit union in the nation.
Navy Federal Credit Union announced on Monday that they will venture into private student lending, with student loans and the option to refinance loans from other private sources. More...

27 avril 2015

Debt Collector Suit Fails

HomeBy Michael Stratford. A federal judge on Tuesday dismissed a lawsuit against the U.S. Department of Education by four student loan debt collection companies that claim the department arbitrarily cut ties with them earlier this year. Read more...

27 avril 2015

Judge Tosses Lawsuit Over Education Dept.’s Firing of Debt Collectors

http://chronicle.com/img/photos/biz/Ticker%20revised%20round%2045.gifBy . A federal judge has thrown out a lawsuit brought by a group of student-loan debt collectors that the U.S. Department of Education fired in March.
The ruling, which dismissed the collectors’ request for a stay of the agency’s decision, came just over a month after the department abruptly canceled its contracts with the companies — Coast Professional, Enterprise Recovery Systems, National Recoveries, Pioneer Credit Recovery, and West Asset Management — which it said had provided inaccurate information to borrowers. More...

27 avril 2015

Democratic Lawmakers Push Idea of ‘Debt-Free College’

http://chronicle.com/img/photos/biz/Ticker%20revised%20round%2045.gifBy . Democratic lawmakers in the U.S. Senate and House of Representatives on Tuesday introduced resolutions to “ensure that students have access to debt-free higher education.” The Washington Post reports the push comes amid a broader effort by the Democratic Party to promote college affordability as a central issue in the 2016 presidential campaign — and to push the front-runner, Hillary Clinton, to propose a national plan for debt-free college. More...

26 avril 2015

Progressives push Clinton to shape agenda on 'broken' college debt system

http://static.guim.co.uk/static/c55907932af8ee96c21b7d89a9ebeedb4602fbbf/common/images/logos/the-guardian/news.gifBy . Top lawmakers from her own party are challenging Hillary Clinton’s nascent policy agenda by pushing for a more ambitious approach. More...

26 avril 2015

Green Party commits to abolishing fees and student debt

By . The Green Party has committed to a policy to abolish tuition fees, which it says would cost £8 billion a year in the long run, as well as to cancel student debt, which it costs at £2.2 billion a year. More...

12 avril 2015

Education Department Clarifies Loan Counseling Flexibility

HomeThe U.S. Department of Education on Monday clarified that colleges are able to take some active steps to help students avoid excessive loan amounts. 
Federal law requires that colleges in most cases disburse to students any amount of federal loan they request so long as they are eligible for it. Read more...

12 avril 2015

Private Loan Takedown

HomeBy Ashley A. Smith. As scrutiny of for-profit institutions increases, direct private loans from those institutions to students are becoming rarer. One reason is that states have joined federal agencies in scrutinizing the sector over its lending, recruitment and advertising practices. Read more...

10 avril 2015

Postgraduate loans could be capped or restricted by subject

By Emily Lupton. Today the Department for Business, Innovation and Skills published its long-awaited consultation on support for postgraduate study. More...

9 avril 2015

University study shows Winnipeg’s ‘debt-scape’

https://s2.wp.com/wp-content/themes/vip/metronewsca/templates/css/i/metro-226x90.pngBy Bernice Pontanilla. A new study from the Institute of Urban Studies at the University of Winnipeg shows the perils of non-mortgage debt through a unique mapping approach.
Adrian Werner, research associate at the institute said the ‘Living in the Red’ study provides a “more nuanced picture” of what most households are dealing with when it comes to debt. More...

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