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 […]

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 […]

Senators Ask Department Of Education To Discharge Student Loans For Everest, WyoTech, Heald Students

Senators Ask Department Of Education To Discharge Student Loans While Corinthian Colleges — the failing revenue driven educator that owns for-profit colleges such as Everest University, Wyotech, and Heald College — deals with its sale to new owners, a few thousand of the schools’ students are left in limbo, unsure of who is in charge […]