Top 8 Rules to Master Your Student Loan 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. Ask yourself: 1. Do I understand my student loan options? 2. What is my student loan repayment plan? 3. What have I done to get this squared away? If you don’t have the […]
Betsy DeVos Education Secretary
Betsy DeVos Education Secretary With a 51-50 victory, President Trump’s education secretary nomination, Betsy DeVos, has been confirmed. After the tie-breaking vote from Vice President Mike Pence, the overnight protest held by the Democrats, angry constituents and controversial hearings, she now holds the office. DeVos, a philanthropist and activist from Michigan, will take leadership and […]
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 […]
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 […]
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 […]
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 […]
Trump’s Student Loan 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 student loan scheme, thereby leaving it all to private banks to source for […]
Sallie Mae Cheated Soldiers and Other Borrowers on Student Loans
Sallie Mae Cheated Soldiers on Student Loans Sallie Mae and its loan servicing unit have made a deal with federal authorities to resolve accusations that the nation’s top student loan company cheated active duty soldiers, as well as other borrowers that were being charged late fees. The two companies have more than doubled the amount […]