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Sunday, October 20, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: student loans


UPDATED: Fri., June 14, 2019, 6:12 p.m.

Loans forgiven for thousands of former ITT Tech students, including some in Spokane Valley

Debt relief is coming for thousands of former students of ITT Technical Institute, a private for-profit college that abruptly closed all of its branches in 2016, including ones in Spokane …


Speaker stuns 2019 Morehouse grads, to pay off student debt

A billionaire technology investor stunned the entire graduating class at Morehouse College when he announced at their commencement Sunday that he would pay off their student loans – estimated at …


White House proposes caps on student loan borrowing

The Trump administration is proposing new limits on student borrowing as part of a broader proposal to curb the cost of college.


UPDATED: Sun., Nov. 25, 2018, 8:38 p.m.

‘I will die before this loan is ever paid off.’ Idaho students’ debt piles up as company takes heat

One of the nation’s largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into higher-cost repayment plans.


Government questions unfair student loan practices

One of the nation’s largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into higher-cost repayment plans.


UW and WSU team up to tout college affordability

WSU President Kirk Schulz and UW President Ana Mari Cauce said they are launching the initiative, called “Yes, It’s Possible,” to dispel the myth that students must incur massive amounts …


UPDATED: Wed., July 25, 2018, 4:35 p.m.

DeVos rules would cut estimated $13B in student loan relief

Students who are defrauded by their schools would have a harder time getting their federal loans erased under new rules proposed by the Trump administration Wednesday.


Shua Sanchez: Prosper Act would devastate graduate education and scientific advancement

A bill under serious consideration by the U.S. House of Representatives threatens the ability of college students to pursue a graduate education, and thus harms the future of scientific advancement …


UPDATED: Fri., March 16, 2018, 7:46 a.m.

Inslee signs bills banning universities from requesting criminal histories, requiring more financial aid information

Colleges must “ban the box” on applications and provide more information on student loans.


‘Bill of rights’ for student borrowers passes Washingon House

House gives final approval to protections for college students from predatory loan practices.


UPDATED: Fri., Dec. 22, 2017, 7:35 p.m.

Still gift shopping? Here’s something more popular than Bitcoin, Netflix or marijuana

Are you shopping for a millenial? Chances are, they still have student debt.


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 …


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.


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. …


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 …


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 …


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?


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


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 …


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 …


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.


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?


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 …


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 …


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 …