Stories tagged: default
Fri., March 17, 2017, 9:56 a.m.
Days after a report on federal student loans revealed a double-digit rise in defaults, President Trump’s administration revoked federal guidance Thursday that barred student debt collectors from charging high fees …
Tue., Aug. 16, 2016, 12:29 p.m.
Gov. Andrew Cuomo’s administration mismanaged $22 million spent to promote tourism in areas affected by three damaging storms, federal auditors said.
Fri., July 1, 2016, 4:47 p.m.
Puerto Rico entered a new financial era Friday following a historic default as it prepares for the implementation of a federal oversight board that will have control over the island’s …
Thu., May 19, 2016, 9:46 a.m.
In a breakthrough, House Republicans and Democrats have struck a deal with the White House to help rescue Puerto Rico from $70 billion in debt.
Mon., May 2, 2016, 10:59 a.m.
Puerto Rican officials say the island’s default on a $422 million bond payment is only the beginning if the U.S. Congress doesn’t help resolve the situation soon.
Thu., April 7, 2016, 4:23 p.m.
It won’t help your credit history, but defaulting on student loans will not earn you a one-way ticket to jail. That word comes from the Education Department in a blog …
Fri., Oct. 30, 2015, 8:06 a.m.
WASHINGTON – Congress passed a two-year bipartisan budget plan that avoids a catastrophic default on U.S. debt, increases spending on domestic and defense programs and ends months of turmoil among …