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Servicing issues may hamper U.S. student-loan forgiveness for thousands

3 hours agoNews : Trending Now

Nurses, teachers and other public-sector workers expecting their outstanding student loans to soon disappear under a U.S. debt-forgiveness program could be in for a surprise, with a government report on Thursday showing loan servicers may have mishandled the process for many borrowers. Show More Summary

Trump administration delays student loan forgiveness program. How to tell if you still qualify

New rules set to expand federal student loan forgiveness for borrowers who believe that they were defrauded by their schools have been put on hold until further notice, according to the Department of Education. The program was designed to ease the burden for students at schools that violated certain...

New York Congresswoman Proposes Student Loan Relief for Arts Workers

yesterdayArts : Hyperallergic

Under Rep. Nydia Velázquez's new bill, arts workers who provide services to seniors, children, or adolescents would qualify for $10,000 of student loan forgiveness. The post New York Congresswoman Proposes Student Loan Relief for Arts Workers appeared first on Hyperallergic.

CFPB Lambastes Student Loan Servicers for Thwarting Public Servant Debt Relief

CFPB report details errors and practices of student loan servicers that will bar borrowers from qualifying for debt forgiveness.

These 17 Companies Will Help You Repay Your Student Loan

Student loans can dampen the ability of new grads to get on their feet financially, causing stress at home and at work. According to Student Loan Hero, the graduating class of 2016 had an average student loan balance of $37,172 — up six percent from the year before. While it's daunting to...

Here's Why a Late Retirement May Be a Bad Idea

When it comes to managing finances, many people struggle to keep up with expenses like rent, utilities, credit cards, and student loans. With so many obligations, saving for retirement becomes less of a priority. In fact, according to a 2016 GoBankingRates survey, one in three Americans have no...

Problems plague student loan forgiveness program

Borrowers face problems qualifying for student loan forgiveness for those in public service jobs        

Thanks to Betsy DeVos, a private student loan CEO will be overseeing your federal student loans

Is there an idiom one step past “setting the fox to guard the hen house”? Because thanks to Donald Trump and Betsy DeVos, we really need one. Maybe “putting a private student loan company CEO in charge of student loans.” It doesn’t have a snappy ring to it, but it’s true, and it’s appalling: The Education Department's statement described A. Show More Summary

31 memes that prove just how terrible all millennials are.

3 days agoHumor / odd : Happy Place

In case you haven't read about them in the "news," let me go ahead and break it down for you: Millennials are shiftless, entitled brats who care more about their iPhones and being "happy" than they do about paying off student loans that are roughly 4x as high as they were even a decade ago. Show More Summary

Nanotubes could monitor your car's tire tread wear for cheap - Roadshow

3 days agoVehicles / Cars : Car Tech

Is there anything nanotubes can't do? Aside from pay my student loans, that is.

Betsy DeVos Picked CEO Of Private Loan Company To Run Federal Student Loan System

A. Wayne Johnson runs Reunion Financial Services, a company that originates and refinances private student loans.

Student loan servicer rights back as states eye protections

A company that hopes to become the nation's single servicer of student loans under a plan backed by U.S. Education Secretary Betsy DeVos is lobbying against licensing efforts in Maine … Click to Continue »

Pay off Student Loan Debt by Going Back to School

If you are currently struggling with student loans, you’re not alone. According to Forbes, 44.2 million Americans struggle with student loan debt. For many people, the financial burden of debt infringes upon their quality of life. Thus it is important to pay off loans as soon as possible. Show More Summary

College costs: 6 financial aid questions you’re too embarrassed to ask

Here are six basic, but crucial, things to know about using student loans, scholarships and more to pay for college.        

Charleston President Touts Rebirth Of Law School With 150% Enrollment Boost, Removal From DOE's 'Naughty List'; He Urges Graduates To Work As Policemen And Firemen

Following up on my previous post, Charleston, Florida Coastal Law Schools Fail 'Gainful Employment' Test, Will Lose Federal Student Loans If They Fail Again Next Year; Three Other Law Schools In Danger Zone: Post and Courier, Charleston School of Law Off U.S. Education Department's 'Naughty' List: Several years after the...

Your Money Adviser: Consumer Groups Take Aim at Navient for Phone Harassment

Six advocacy groups are asking the F.C.C. to address complaints of endless robocalls from Navient, the student loan servicer.

Education Secretary Betsy DeVos suspends rules that cracked down on for-profit college abuses

As Corinthian Colleges Inc., ITT Technical Institute and other for-profit schools collapsed in recent years, the Obama administration overhauled regulations to make it easier to forgive loans for stranded students and to try to prevent future abuses. Now, the Trump administration is suspending...

8 Valuable Rights You Might Lose When You Refinance Student Loans

Fannie Mae, the nation's largest buyer and guarantor of mortgage loans, made news recently when it announced it would sweeten the deal for folks who want to refinance their mortgage to pay off student loan debt. Fannie Mae works with 1,800 lenders nationwide, so their rule change affects many...

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