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18 octobre 2015

Expiration of loan program hurts students

University Business Magazine logoSubmitted by Tim Goral. Numbers have a way of revealing the real story that lies beneath the rhetoric and misinformation of controversial topics. Take the ongoing Federal Perkins Loan debate, for example. More...

18 octobre 2015

House Democrat group asks forgiveness for all Corinthian student debt

University Business Magazine logoSubmitted by Stefanie Botelho. A group of Democratic members of the House of Representatives are sending a letter this morning calling on the Department of Education to "automatically discharge the debt" of all students who attended campuses run by now-bankrupt Corinthian Colleges, one of the worst actors in the scandalized for-profit college sector. More...

4 octobre 2015

Student Loan Default Rate Drops

HomeThe proportion of student loan borrowers who defaulted on their debt within three years fell to 11.8 percent for those entering repayment in 2012, down sharply from 13.7 percent the year before, the U.S. Education Department announced today. Read more...

4 octobre 2015

U.S. House Passes One-Year Perkins Extension

HomeThe U.S. House of Representatives on Monday approved a one-year extension of the federal Perkins Loan program, which is set to expire this week. Read more...

4 octobre 2015

House Lawmakers Push Perkins Loan Extension

HomeWith just a week before the federal Perkins Loan program is set to expire, a bipartisan effort to extend the program emerged in the U.S. House on Thursday. Read more...

3 octobre 2015

Default Rates Drop

HomeBy Michael Stratford. The share of federal student loan borrowers who default on their debt within three years of entering repayment dropped for the second year in a row, the U.S. Department of Education announced Wednesday. Read more...

3 octobre 2015

New Push on Bankruptcy Protections

HomeBy Michael Stratford. In a report released Thursday by the U.S. Department of Education, administration officials outlined a range of recommendations for improving the nation’s student loan system, most of which require congressional action. Read more...

3 octobre 2015

Small Loans, Big Problem

HomeBy Paul Fain. Community colleges are relatively affordable, and their students tend to borrow less than those who attend other types of institutions. Yet the debt students rack up at community colleges is troubling. Read more...

3 octobre 2015

CFPB Eyes Loan Servicer Rules

HomeBy Michael Stratford. The Consumer Financial Protection Bureau formally announced Tuesday that it will explore new regulations on student loan servicing companies, calling for changes in an industry it says is bedeviled by widespread failures that are harming borrowers. Read more...

2 octobre 2015

Borrowers Continue to Face Problems With Loan Servicers, Watchdog Says

http://chronicle.com/img/photos/biz/Ticker%20revised%20round%2045.gifBy . Borrowers continue to report widespread problems with student-loan servicing, according to a report released on Tuesday by the Consumer Financial Protection Bureau. More...

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