By Paul Fain. The U.S. Congress on Monday released a $1.3 trillion spending deal it is expected to pass before the government shutdown deadline Friday. More...
Feds' New Methodology for Borrower Defense
By Paul Fain. Betsy DeVos, the U.S. secretary of education, on Tuesday announced a new methodology for the Education Department to cancel loan debt balances held by defrauded students. The announcement comes amid sustained criticism by Democrats in the U.S. Congress and legal challenges by consumer advocates about the department's plan to offer partial loan relief in many cases. More...