U.S Pauses New Rules for Predatory For-Profit Colleges

Photo Credit: Evan Vucci / AP The Trump administration is officially reconsidering and may do away with, two new rules which served as the cornerstone of the Obama administrations tough crackdown on predatory for-profit colleges. The Department of Education announced on Wednesday its temporarily halt to changes that would erase the student loan debt of […]

Betsy DeVos Education Secretary

Betsy DeVos Education Secretary With a 51-50 victory, President Trump’s education secretary nomination, Betsy DeVos, has been confirmed. After the tie-breaking vote from Vice President Mike Pence, the overnight protest held by the Democrats, angry constituents and controversial hearings, she now holds the office. DeVos, a philanthropist and activist from Michigan, will take leadership and […]

Wells Fargo accused of denying young immigrants student loans

Wells Fargo accused of denying young immigrants student loans A new lawsuit filed on Monday accuses Wells Fargo of illegally denying student loans to young immigrants who are protected from deportation and allowed to work under a program created by former President Obama. In response to the allegations, Wells Fargo stated they were disappointed that […]

Navient Loan Forgiveness

[et_pb_section fb_built=”1″ custom_padding=”54px|0px|0px|0px” _builder_version=”3.0.47″][et_pb_row _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] How the Navient Lawsuit Will Affect Your Student Loans It seems the government has begun to understand the mess it’s gotten itself into with student loans. Recently, we have seen Government intervention with programs aimed at those who went […]

Feds Give 800 For-Profit Colleges Failing Grades

Feds Give 800 For-Profit Colleges Failing Grades All across America, hundreds of programs at for-profit colleges are at risk of losing federal funding unless their graduates begin earning higher wages. The Department of Education issued its first round of data measuring the success of 8,700 career program graduates and their ability to repay their student […]

What To Do If Your Student Loan Repayment Period Is Beginning

What To Do If Your Student Loan Repayment Period Is Beginning Many students graduate in May/June of each year and are given six months to begin repayment on their student loans. This is known as the “grace period.” When it ends, thousands of students are left scrambling trying to figure out what to do. If […]

Navient Is Being Sued For Failing Borrowers At Every Stage of Repayment

Navient Is Being Sued For Failing Borrowers At Every Stage of Repayment Navient is the largest student loan servicer, formerly known as Sallie Mae, and they are now facing a lawsuit that alleges the company misleads borrowers to the tune of $4 billion. Customers of Navient were allegedly hit with unnecessary interest payments, denied options […]