President Donald Trump Student Loan Forgiveness

Donald Trump Student Loans Policy

Presidential candidate Donald Trump’s potential success in the running could end up being one thing the student loan system does not want to experience. Curled from the INSIDE HIGHER ED, the flamboyant candidate, if successful intends to subtract the government from the trump student loans scheme, thereby leaving it all to private banks to source […]

ITT Tech Accreditation Company Acics Gets Shut Federal Government

ITT Tech Accreditation Company Acics Gets Shut Federal Government

In a surprising turn of events following the defunct ITT Tech closure, the accrediting agency that gave the school its stamp of approval has now lost its own recognition from the government. The Accrediting Council for Independent Colleges and Schools (ACICS) accredits roughly 245 colleges, enrolling 600,000 students. Many of these schools are for-profit colleges, […]

For Profit Colleges Sanctioned By The Government Is Yours On The List

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 […]

Cost Of Student Loan Forgiveness Unknown To The Feds

Cost Of Student Loan Forgiveness Unknown To The Feds

Feds predict greater than $108B in student loan forgiveness to fall on taxpayers- advisers feel the 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 […]

Globe University, Minnesota School of Business denied access to federal student loans

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 forgiveness 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 IV program funds,” and “knowingly misrepresented the nature of their criminal […]

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 loans are the reason she was […]

Navient Is Being Sued For Failing Borrowers at Every Stage of Student Loan Repayment

Navient Is Being Sued For Failing Borrowers at Every Stage of Student Loan 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 to reduce their debt, and suffered damage to their credit scores, according […]