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 […]
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 […]
President Donald Trump Loan Forgiveness
President Donald Trump Loan Forgiveness Since the inauguration, one question is on a lot of borrowers minds, what is Trump 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 […]
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 […]
Corinthian Colleges Fined for Bogus Job Placement Claims
Corinthian Colleges Fined for Bogus Job Placement Claims Corinthian Colleges Inc. has been fined $30 million by the U.S. Department of Education, which claims that the for-profit college operator of Everest, Heald, and WyoTech has been falsifying job placement rates to students. Heald College has campuses in California, Oregon and Hawaii, and the DOE found […]