Stories tagged: student loans
Thu., Dec. 14, 2017, 12:33 p.m.
California sues over Corinthian student debt relief claims
The federal Department of Education is refusing to process debt relief claims from tens of thousands of students who had federal loans to attend Corinthian Colleges, California’s attorney general claimed …
Thu., Nov. 9, 2017, 10:19 a.m.
Study: Most student loan fraud claims involve for-profits
Students who attended for-profit colleges filed more than 98 percent of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data …
UPDATED: Sat., Oct. 28, 2017, 10:05 p.m.
DeVos may only partly wipe away some student loans
The Education Department is considering only partially forgiving federal loans for students defrauded by for-profit-colleges, the Associated Press has learned.
UPDATED: Tue., Sept. 12, 2017, 9:35 p.m.
Big holdup for borrowers claiming for-profit college fraud
Tens of thousands of former students who say they were swindled by for-profit colleges are being left in limbo as the Trump administration delays action on requests for loan forgiveness, …
UPDATED: Wed., July 26, 2017, 7:53 p.m.
Student-loan forgiveness has halted under Trump, records show
The Education Department says it has not approved any applications for student-loan forgiveness in cases of possible fraud since President Donald Trump took office.
Mon., June 26, 2017, 2:46 p.m.
Promised college loan forgiveness, borrowers wait and wait
Borrower advocates say the pipeline to loan forgiveness appears to have slowed significantly since President Donald Trump took office, stirring concern that some students may be left in the lurch. …
Sun., June 18, 2017, 3 a.m.
NerdWallet: Feds argue as ‘debt relief’ companies prey on students
U.S. enforcement agencies – the Consumer Financial Protection Bureau and the Federal Trade Commission – in recent years have closed only seven companies that lured consumers with rosy promises to …
Fri., June 16, 2017, 7:03 a.m.
Decades-old work-study program faces major cuts
Hannah Zwick put herself through college by working as a fundraiser for her university under the federal work-study program. She liked the job so much that she decided to pursue …
Tue., May 30, 2017
As Americans take on more debt, some pockets of concern
After a stint of frugality, Americans have returned to their borrowing ways. But are they getting into the kinds of debt trouble that lead to recessions?
Mon., May 1, 2017, 9:53 a.m.
Liz Weston: Go nuclear on your debt – move away
People who are passionate about paying off debt find plenty of ways to do it that go well beyond clipping coupons, turning down the air conditioner and consolidating their debts …
UPDATED: Thu., April 13, 2017, 6:59 p.m.
College loan information bill passes
College students would get more financial information on loans under state Senate bill
Fri., March 17, 2017, 9:56 a.m.
Trump administration rolls back protections for people in default on student loans
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 …
UPDATED: Tue., March 14, 2017, 7 p.m.
Student loan defaults rising, study finds
A new analysis of government data by the Consumer Federation of America found that the number of Americans in default on their student loans jumped by nearly 17 percent last …
Mon., March 13, 2017, 12:48 p.m.
Trump may give students debt relief that Obama refused
Under a preliminary accord, the federal government would invite tens of thousands of former students, who more than 20 years ago attended beauty and secretarial schools owned by defunct Wilfred …
Fri., March 10, 2017, 10:50 a.m.
Forgive loans for rural teachers?
BOISE – A bill intended to help rural school districts attract and retain quality teachers was introduced in the House Ways and Means Committee on Thursday.
Sun., Nov. 13, 2016
Gary Crooks: About that election: I got nothing
Think this will be my motto: I’m with the media, so how the hell should I know?
Wed., Sept. 14, 2016, 1:10 p.m.
ITT Tech students refuse to repay loans in protest over government policy
Former students at ITT Technical Institutes are refusing to repay their federal student loans in a protest designed to pressure the government into canceling the debt of everyone who alleges …
Thu., June 23, 2016, 6:08 p.m.
Want to own a home? Say no to student loans
Many Americans have traded a white picket fence for an education. A study released this month by the National Association of Realtors found 71 percent of non-homeowners with students loans …
Thu., April 7, 2016, 4:23 p.m.
Government: Student loan defaults won’t result in jail time
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 …
Thu., April 7, 2016, 3:51 p.m.
Student loan debt adjustors in Washington to refund illegal fees
The state Attorney General’s Office says several student loan debt adjustors in Washington that overcharged hundreds of students and collected illegal fees will refund the money.
Sun., Jan. 17, 2016
More employers try to help workers pay student loans
NEW YORK (AP) – Employers are discovering that making it easier for workers to pay off their student loans helps to attract and keep a happy workforce. More and more …
Fri., Oct. 9, 2015, 8:20 a.m.
How surging US student debt is affecting borrowers’ lives
America’s $1.2 trillion in student debt is having consequences in far-reaching ways.
Tue., Aug. 11, 2015
Incentives, loan programs part of Clinton’s college affordability plan
WASHINGTON – Calling for a “new college compact,” Hillary Rodham Clinton on Monday unveiled a $350 billion plan aimed at making college more affordable and reducing the crushing burden of …
Sat., June 13, 2015
Editorial: Eliminate purveyors of student debt relief
With graduation, millions of American students are beginning to awaken to the burden of student loans that have climbed to a total $1.3 trillion. Staggering. Luckily for them, there are …
Wed., April 8, 2015
Washington attorney general sues student loan processor
OLYMPIA – Attorney General Bob Ferguson is suing a California company for charging Washington customers “exorbitant and illegal” fees to adjust their student loan debt. Ferguson filed a lawsuit Monday …
Sun., May 12, 2013
College graduates can ease strain of loan debt
Finding a job in a slow-growing economy is daunting enough without new financial obligations. Yet that’s the challenge many university students graduating over the next few weeks will soon face.
Sun., March 31, 2013
Rising cost of college puts more debt on students
WASHINGTON – Making college more affordable to more people continues to be elusive, and the recent recession hasn’t made it any easier. States have cut their support for public colleges …
Fri., Aug. 31, 2012
WSU wrestles with aid backlog
Washington State University officials are still working to clean up a financial aid mess partially caused by the implementation of new, multimillion-dollar software. The problem surfaced the first day of …
Sun., June 24, 2012
Private student loans 101: How the terms differ
For college-bound students, the easy money seems to be everywhere. The website for Discover’s student loans says it can help: “Cover up to 100 percent of your college tuition, housing, …
Sun., May 6, 2012
Student loans 101: The interest rate uproar
Lawmakers on both sides of the aisle agree: It would be a mistake to let interest rates on student loans double in July. Especially if they’re going to be blamed …