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 loans. This stems from the Obama Administration’s new “gainful […]

President Donald Trump Student Loan Forgiveness

President Donald Trump Student Loan Forgiveness

Since the inauguration, one question is on a lot of borrower’s minds, what is Donald Trump Student Loan Forgiveness? Since President Trump is walking into an administration with $1.3 trillion in federal student loans, there is no question this is an issue that needs to be addressed sooner than later. During the Tuesday confirmation hearing […]

How The Navient Lawsuit Will Affect Your Student Loans

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 […]

Student Loan Changes Coming in 2017

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

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 […]

The US Pauses New Rules Predatory For-Profit Colleges

The US Pauses New Rules Predatory For-Profit Colleges

The Trump administration is officially reconsidering and may do away with, two new rules which served as the cornerstone of the Obama administration’s tough crackdown on predatory for-profit colleges. The Department of Education announced on Wednesday its temporary halt to changes that would erase the student loan debt of borrowers who were cheated by fraudulent […]

Federal Student Loans Rates Increase July 1

Federal Student Loans Rates Increase July 1

Just in time for the upcoming academic year, federal student loans rates are set to rise on Saturday, July 1 which will surely affect many students and parents. Although many did not expect this increase, CNBS reports the rates were set in May during the Treasury Department’s last auction of 10-year notes. For Stafford loans, […]