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 […]

Increasing Numbers of People Over 60 Struggling to 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 […]

Student Loans Dents Dreams of 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 […]

How President Donald Trump may affect your student loans

How President Donald Trump may affect your student loans Since Trump was elected president of the United States, a lot of Americans have been holding their breath wondering how his decisions will affect their bank accounts. He’s promised lower taxes, more jobs and fewer regulations, which if they hold true, will be hugely beneficial for […]

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 […]

Cost of Student Loan Forgiveness Still Unknown to the FED’s

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 […]

For-Profit Schools Sanctioned by the Government – Is Yours on the List?

[et_pb_section fb_built=”1″ _builder_version=”3.0.47″ custom_padding=”54px|0px|0px|0px”][et_pb_row _builder_version=”3.0.47″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_padding=”9px|0px|0px|0px”][et_pb_column type=”4_4″ _builder_version=”3.0.63″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.0.63″] 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 […]