Protect Students Rogue For Profit College/Schools
This following Monday the Education Department proposed a rule-following last year’s collapse at Corinthian For Profit College/Schools. 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 […]
Next Step For Student Loans At CFPB
According to the Consumer Financial Protection Bureau (CFPB) 2016 spring ruling agenda we can be certain that they will not be flexing their muscles in the student loans department for some time. Released in November, the fall 2015 rule-making agenda determined that student loan rule-making may be on the horizon. However, the spring update directs readers back […]
New Legislation Help Student Loan Tax Burden
Borrowers who currently have all or part of their student loans forgiven as part of their income-based repayment plan, income-contingent repayment forgiveness program, or due to disability or death, are required to pay student loan tax on the amount forgiven as if they had received it as income. While this is a big win for the borrowers […]
Hillary Clinton Student Loans Policy
Education is very important but expensive; however, Hillary Clinton has a considerable proposal on student loans on what to do about student loans. Here are Hillary’s ideas on how to handle the cost of education: Every student should have the opportunity to graduate from a public college or university in their state of nativity without […]
For Profit Colleges/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 colleges 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 colleges boost their enrollment […]
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 loans are the reason she was […]
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 navient student loans. Recently, we have seen Government intervention with programs aimed at those who went to for-profit colleges including Devry, Corinthian Colleges, and ITT Technical Institute. This has brought a lot of attention to the for-profit-school industry and the […]
Here Are Top 8 Rules Master Student Loans Game Plan
As summer is approaching, it’s a good time to take a look at your finances and check in with your student loans game plan. Ask yourself: Do I understand my student loan options?What is my student loan repayment plan?What have I done to get this squared away? If you don’t have the answers to these […]
Student Loan Changes Coming in 2017
With President Trump taking office and a Republican-controlled Congress, it’s no surprise there may be several student loan changes in Washington this year that could potentially impact your student loans. Last year brought a great deal of attention and debate to the student loan crisis with 44 million borrowers responsible for $1.3 trillion in debt. […]
Are Student Loans the Next Mortgage Crisis?
Shelia Hair was the head of the Federal Deposit Insurance Corporation from 2006-2011 and she was one of the few officials who warned of the 2008 mortgage crisis. She is now speaking out about student loans and her radical solution. The solution involves funding college by letting students trade away a portion of future earnings […]