Student Loan Forgiveness Programs by State

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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WESTWOOD COLLEGE LOAN FORGIVENESS APPLICATION

This Past spring, when forprofit Corinthian Colleges unexpectedly shut-down beneath the weight of claims of deceptive actions, Corinthian students had an option under U.S. Department of Education guidelines: transfer to another college, or obtain a “closed school discharge,” which might free them from the responsibility of repaying the high interest student loans that they had sustained at …

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SANDERS SCHOOL SUBSIDY PLAN

Primary season is upon us, and presidential candidates are working to inform voters about their stances on many of the hot-button issues facing their audiences. For example, Bernie Sanders has attracted the attention of many members of the Millennial generation with his plan to provide free tuition at public colleges and universities. But how realistic …

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SALARY LESS PROFIT SCHOOL GRADUATE

For-profit School Graduates who earned vocational certificates made an average of $900 LESS annually after attending than any one else, according to a new study, leaving those for-profit graduates who took out loans hard-pressed to pay them back. By comparison to those students who received similar certifications from public community colleges earned $1,500 more than they did …

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PROTECT STUDENTS ROGUE PROFIT SCHOOLS

This following Monday the Education Department proposed a rule following last years collapse at Corinthian Colleges. The rule suggests laying out a clear relief process for borrowers who believe they were lied to about job prospects after college or otherwise deceived in order to enroll in the school. The proposal aims to hold schools accused …

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FOR PROFITS SCHOOLS SANCTIONED BY THE GOVERNMENT IS YOURS ON THE LIST

College is generally considered to be a place of rules, regulation, and fairness, but many for-profit schools have come under great scrutiny for various questionable practices. Some schools have been investigated for misleading advertising, unethical recruiting practices, or unlawful use of federally held student aid dollars. In general, for-profit schools boost their enrollment through aggressive …

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COST OF STUDENT LOAN FORGIVENESS UNKNOWN TO THE FEDS

Feds predict greater than $108B in loan forgiveness to fall on taxpayers- advisers feel estimate is untrustworthy The Obama administration presented itself as an ally to student loan borrowers and has worked to make loan forgiveness programs as beneficial as possible. They argue that these efforts will mean more than $108 Billion is forgiven in student loans …

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GLOBE UNIVERSITY LOANS FORGIVENESS

Globe University, Minnesota School of Business denied access to federal student loans Effective December 31, 2016, the Minnesota School of Business and Globe University are dropped from the federal student loan program. The for-profit schools are denied access to the federal student loan funds as they were “judicially determined to have committed fraud involving Title …

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STUDENT LOANS DENTS DREAMS STARTUPS

Student Loans Dents Dreams of Startups Cathrine Berendsohn, 29, has struggled to get her web design business off the ground after she graduated from Florida State University with $40,000 in student loans. Berendsohn had dreams of opening a storefront in Monterey, California where she could start a roving studio of her own. However, her student …

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PEOPLE STRUGGLING PAY OFF STUDENT LOAN

Increasing Numbers of People Over 60 Struggling to Pay Off Student Loan The number of people who are 60 years and older that are still paying off their student loans has quadrupled in the past decade. Currently, older Americans now represent the fastest-growing segment of the U.S. student loan market, according to a new report …

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