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10 OF CONGRESS MEMBERS HAVE STUDENT LOAN DEBT

Even though more than half of federal lawmakers are worth millions (Between 2013 and 2014, their combined net worth shot up 6.7%!), there’s one way many Congress members who have student loan debt are just like us: they owe tens of thousands in student loans.   See if you qualify for student loan debt by filling …

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THE DARK SIDE OF FOR-PROFIT COLLEGES

Guaranteed acceptance.  Flexible learning.  A college degree.  These, perhaps, are some of the only promises that for-profit colleges ever keep. You’ve heard of these bad boys: the Art Institute, ITT Tech, and the University of Phoenix are some of the most notable culprits.  Recently, the Education Management Corporation, one of the largest operators of for-profit …

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FEDERAL STUDENT LOAN DEBT REPAYE MADE SIMPLE

Drowning in federal student loan debt? Don’t panic — you’re not doomed to spend the rest of your life slurping Ramen and sleeping in your parents’ basement while barely chipping away at your monthly payments. Thankfully, the U.S. Department of Education (DOE) has finally released the details of its latest income-driven repayment plan, the Revised …

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PAY OFF 42000 OF STUDENT DEBT IN 6 MONTHS

Tales of individuals who have successfully managed to pay off their student loans by their 30s are an enigma to most. However, Michelle Schroeder-Gardner is one such person. She has a personal finance and lifestyle blog called Making Sense of Cents, in which she offers advice to her readers from the perspective of a financial analyst. …

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OBAMA STUDENT LOAN FORGIVENESS PROGRAMS

OBAMA ADMINISTRATION MAKING AN EFFORT TO REGULATE STUDENT LOANS Options are now available for private and federal student loans NEW TOOLS HAVE BEEN CREATED FOR FUTURE STUDENTS WHEREAS GREAT PLANS EXIST FOR CURRENT AND FORMER STUDENT LOAN REPAYMENT Obama’s Fabled Student Loan Forgiveness The William D. Ford Direct Loan Program (also known as Obama Forgiveness …

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SANFORD BROWN COLLEGE IS DONE

Sanford-Brown College is CLOSING its doors FOR GOOD Qualify Now For Loan Forgiveness Due To The ClosureAnother for-profit closes… Sanford-Brown College announced in early May of this year that it will close or sell all of its campuses. Sanford-Brown has been subject to controversy over the last few years, with several lawsuits alleging that the …

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CORINTHIAN COLLEGES FILES FOR BANKRUPTCY GOOD NEWS FOR STUDENTS WITH LOANS

Corinthian Colleges Files for Bankruptcy Corinthian Colleges, until recently one of the country’s largest for-profit higher education chains, filed for chapter 11 bankruptcy this Monday, one week after shutting down its remaining campuses. This marks the climax of the collapse of the company that was once praised on Wall Street for its profitable model of …

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CORINTHIAN COLLEGES CLOSES ITS DOOR LOAN FORGIVENESS AVAILABLE

Corinthian Colleges Closes Its Door Corinthian Colleges Inc. has now closed its doors. After years of scrutiny and investigations by the government the Corinthian Colleges are closing for good. The for profit company comprised of such colleges as Everest, Heald and WyoTech has been unable to answer for the multitude of charges brought against them. …

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UNIVERSITY OF PHOENIX SCAM

Scam at University of Phoenix The University of Phoenix is a for-profit career college owned by the Apollo Group. In fact it’s the biggest for-profit college out there. Some critics of for-profit higher education have alleged that Apollo Education Group and University of Phoenix “prey upon veterans” Only about 9% of first-time bachelor students’ graduate within …

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