student loans

FTC Refunds $4.1 Million to Student Loan Scam Victims
FTC Refunds $4.1 Million to Student Loan Scam Victims
March 13, 2024  |  Security & Fraud

The FTC is sending millions in refunds to victims of a student fraud scheme. The $4.1 million payments will go to some 27,000 consumers who were duped by a...

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Two-Thirds of College Students Want to Use Their App to Pay Tuition
Two-Thirds of College Students Want to Use Their App to Pay Tuition
February 02, 2024  |  Digital Payments

Pursuing an education is fundamental to skill development, intellectual advancement and personal growth, laying the groundwork for future success. However, soaring tuition costs have made...

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SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
January 29, 2024  |  Earnings

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its...

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Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
January 19, 2024  |  Loans

The Biden Administration has approved an additional $4.9 billion in student loan debt relief for 73,600 borrowers. This brings the total loan forgiveness approved by...

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40% of Borrowers Have Not Resumed Payments on Student Loans
40% of Borrowers Have Not Resumed Payments on Student Loans
December 18, 2023  |  Consumer Finance

The burden of student loan debt continues to weigh heavily on millions of Americans, as evidenced by the significant number of borrowers who have not...

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Biden Erases $127 Billion in Student Debt Despite Court Ruling
Biden Erases $127 Billion in Student Debt Despite Court Ruling
November 12, 2023  |  Loans

The federal government has erased more than $127 billion in student loans since 2021. That debt forgiveness came from changes to existing programs, Bloomberg News...

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Earnest and Payitoff Partner on Reduced Student Loan Payments
Earnest and Payitoff Partner on Reduced Student Loan Payments
October 23, 2023  |  Loans

Student finance FinTech Earnest and debt guidance firm Payitoff have teamed to help borrowers lower student loan payments. The two companies on Monday (Oct. 26) announced the launch of their...

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Student Loan Borrowers Face Incorrect Bills and Hours on Hold
Student Loan Borrowers Face Incorrect Bills and Hours on Hold
October 15, 2023  |  Loans

The resumption of student loan payments has challenged borrowers in more ways than one. As reported here, the return of loan payments following their COVID-fueled...

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Student Loan Stocks Drop Ahead of Restart of Payments
Student Loan Stocks Drop Ahead of Restart of Payments
October 05, 2023  |  Consumer Finance

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause...

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