The federal Consumer Financial Protection Bureau shuts down two student loan debt relief service companies for allegedly exploiting student borrowers.
Recently in student loans Category
December 12, 2014
November 13, 2014
Two new College Board reports find that four-year public colleges increased tuition by 1 percent after inflation, and that annual borrowing for higher education is down 8 percent.
June 24, 2014
A new report out from the Brookings Institution finds that only 7 percent of young-adult households are carrying student-loan debts of more than $50,000.
June 11, 2014
The Senate fails to advance a bill to lower interest rates on existing student loans, while President Obama moves to enact regulatory changes to lower payments for college borrowers.
June 09, 2014
The Obama administration is expected to announce an expansion of the Pay As You Earn program to provide student-loan relief to an estimated 5 million borrowers with older loans.
December 04, 2013
Average debt among students who borrow to earn a bachelor's degree has climbed to $29,9000 with the class of 2014, a report from the Institute for College Access & Success shows.
October 01, 2013
Default rates on student loans hit 10 percent, the highest in seven years, according to new figures from the U.S. Department of Education.
August 16, 2013
U.S. Department of Education to change PLUS loan program to help more families qualify for college financial aid.
August 13, 2013
Implementation of the Bipartisan Student Loan Certainty Act begins, as groups look forward to next steps on the college-affordability agenda.
July 31, 2013
The U.S. House is expected to vote today on a bill that would initially lower interest rates on student loans and tie future rates to the market.