student loan debt

Government Pays $1B A Year On Student Loan Debt Collectors

Government Pays $1B A Year On Student Loan Debt Collectors
Government Pays $1B A Year On Student Loan Debt Collectors
May 22, 2017  |  Loans

Over the last few years, the federal government has spent $1 billion a year to pay debt collectors to help struggling borrowers out of their student...

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Credit Card Debt Tops $1 Trillion
Credit Card Debt Tops $1 Trillion
April 11, 2017  |  Payment Methods

Credit card debt has surpassed the $1 trillion market in the U.S., joining student loan and auto debt to reach more than $1 trillion. Get...

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Education Department Warns Student Loan Forgiveness Program May Not Be Valid
Education Department Warns Student Loan Forgiveness Program May Not Be Valid
April 03, 2017  |  Debt

The Department of Education warned in a legal filing last week that more than 550,000 people who signed up for a student loan forgiveness program in which...

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Raise.me Raises $12M In VC Funding To Expand Service
Raise.me Raises $12M In VC Funding To Expand Service
March 30, 2017  |  Startups

Raise.me, a startup that helps students receive financial aid and scholarships throughout high school, has raised $12 million in venture funding to expand the service around...

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FTC Settles With Student Loan Debt Collector For $700K
FTC Settles With Student Loan Debt Collector For $700K
February 15, 2017  |  Consumer Finance

One of the most egregious types of loan debts in the country are student loan debts. According to the Federal Trade Commission (FTC), the largest...

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Federal Government To Forgive $108 Billion In Student Loan Debt
Federal Government To Forgive $108 Billion In Student Loan Debt
December 01, 2016  |  Consumer Finance

Student loan borrowers have something to cheer about in the coming years: refunds. That’s according to The Wall Street Journal, which reported the U.S. federal...

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Student Loan Borrowers Hit With $125 Million In Interest Charges
Student Loan Borrowers Hit With $125 Million In Interest Charges
October 24, 2016  |  Consumer Finance

A new report from the Consumer Financial Protection Bureau found student loan borrowers are paying greater than $125 million in interest charges and that more...

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CFPB Report Shows Servicers Make It Hard To Get An Income-Driven Student Loan Repayment
CFPB Report Shows Servicers Make It Hard To Get An Income-Driven Student Loan Repayment
August 19, 2016  |  CFPB

Income-driven repayment plans for federal student loan borrowers may not be as great as they are billed. That’s according to the Consumer Financial Protection Bureau...

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