2 Borrowers Sue Over Forgiveness of Student Loans
By 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...
Tough Options After Perkins
By 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...
Post-Recession Borrowers Struggle to Repay Loans
By Andrew Kreighbaum. Borrowers, especially those who attend less selective institutions or who drop out, increasingly struggle to pay back loans. More...
Crunch Time for Perkins Loan Program
By 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...
Perkins Loan Extension Blocked in House, Senate
By 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...
Long Wait for Loan Forgiveness
By 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...
CFPB Orders Student Loan Trust to Stop Collecting on Debt
By 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...
Department Lays Out Options for Charlotte Students
By 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...
Bipartisan Legislation Tackles Student Loan Defaults
By 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...