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25 novembre 2017

Student Debt May Be Reducing Home Ownership

HomeBy Paul Fain. A new study from the Federal Reserve Bank of New York found that rising student debt levels are a substantial contributor to the decline in home ownership among young Americans. More...

25 novembre 2017

2 Borrowers Sue Over Forgiveness of Student Loans

HomeBy Andrew Kreighbaum. Frustrated with the slow resolution of loan forgiveness claims at the Department of Education, two borrowers have filed a lawsuit against Education Secretary Betsy DeVos and loan servicing company Navient in federal court. More...

24 novembre 2017

Tough Options After Perkins

HomeBy Andrew Kreighbaum. Campus officials say elimination of program won’t simplify aid system, as proponents claim, but will likely lead many students to take out private loans. More...

24 novembre 2017

Post-Recession Borrowers Struggle to Repay Loans

HomeBy Andrew Kreighbaum. Borrowers, especially those who attend less selective institutions or who drop out, increasingly struggle to pay back loans. More...

24 novembre 2017

Crunch Time for Perkins Loan Program

HomeBy Andrew Kreighbaum. The federal student loan program expires Sept. 30, and it’s unclear if an extension will go through -- despite backing from colleges and bipartisan support. More...

24 novembre 2017

Perkins Loan Extension Blocked in House, Senate

HomeBy Andrew Kreighbaum. Members of Congress in the House and Senate had introduced identical legislation to extend the program, which authorizes colleges to make small loans to students to bridge the cost of attendance, for another two years. Those bills hadn't gone anywhere in committee. More...

24 novembre 2017

Long Wait for Loan Forgiveness

HomeBy Andrew Kreighbaum. For those who took out loans to attend for-profit institutions accused of fraud and abuse, delays from Education Department in reviewing loan-forgiveness claims are salt in the wounds. Inside Higher Ed spoke to several of those borrowers. More...

24 novembre 2017

CFPB Orders Student Loan Trust to Stop Collecting on Debt

HomeBy Andrew Kreighbaum. The Consumer Financial Protection Bureau on Monday ordered a collection of trusts that hold billions in private student loans to stop collecting on debt and pay a settlement restoring harmed borrowers. More...

24 novembre 2017

Department Lays Out Options for Charlotte Students

HomeBy Andrew Kreighbaum. As Charlotte School of Law officially announces it will shut down, the Department of Education sets out potential options for former students. Those who withdrew from the troubled program before the spring will face a tougher path to discharging federal student loans. More...

24 novembre 2017

Bipartisan Legislation Tackles Student Loan Defaults

HomeBy Andrew Kreighbaum. A bipartisan group of House and Senate lawmakers introduced legislation Thursday to address student loan defaults by steering delinquent and defaulted borrowers toward income-driven repayment programs and reducing other paperwork barriers to student loan relief. More...

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