Posts Tagged with "Borrowers"
Obama To Hold Student Loan Event
INSIDE HIGHER ED. MAY 30, 2013. With one month remaining until the interest rate for subsidized Stafford loans is set to double from 3.4 percent to 6.8 percent, President Obama will gather students today at the White House to call …Continue reading »
Continue reading...Obama To Hold Student Loan Event
Thursday, May 30, 2013
INSIDE HIGHER ED. MAY 30, 2013. With one month remaining until the interest rate for subsidized Stafford loans is set to double from 3.4 percent to 6.8 percent, President Obama will gather students today at the White House to call …Continue reading »
Continue reading...Reforming student loans is off to a good start
Tuesday, May 21, 2013
THE WASHINGTON POST. MAY 20, 2013. CONGRESS HAS ONLY begun working on student loans this year, and already it’s going better than last year’s debacle. Election-year politics drove Congress and the White House to endorse a bumper-sticker policy — keep …Continue reading »
Continue reading...Proposed Student-Loan Reforms Set Activists and Lawmakers at Odds
Friday, April 12, 2013
THE CHRONICLE OF HIGHER EDUCATION. APRIL 12, 2013. With interest rates on federal student loans set to double this summer, student-advocacy groups have intensified their calls for Congress to find a way to avoid the increase, and lawmakers are scrambling to pass …Continue reading »
Continue reading...Education Department Launches New Loan Counseling Tools to Help Borrowers Manage Their Debt
Tuesday, March 26, 2013
Students who are graduating this spring are now able to take advantage of new tools that can help them better understand their loan debt and stay on track in repayment. The U.S.
Continue reading...Consumer-Protection Agency Seeks Oversight of Nonbank Student-Loan Servicers
Thursday, March 14, 2013
THE CHRONICLE OF HIGHER EDUCATION. MARCH 14, 2013. The Consumer Financial Protection Bureau proposed a rule on Thursday that would allow the federal agency to supervise large nonbank student-loan servicers to ensure their compliance with federal consumer financial laws. If the rule …Continue reading »
Continue reading...LEHMAN: Obama’s student-loan repayment racket
Thursday, January 3, 2013
THE WASHINGTON TIMES. DEC 12, 2012. As a newly minted physician, I recently amassed more than $240,000 in loans to pay for medical school. Paying off those loans is hard. As borrowers are discovering, the U.S. Department of Education’s illogical lending …Continue reading »
Continue reading...Education Department Launches ‘Pay As You Earn’ Student Loan Repayment Plan
Friday, December 21, 2012
The U.S. Department of Education announced today that many borrowers are now able to take advantage of a new repayment plan that could lower their monthly federal student loan bills. The plan, known as Pay As You Earn, caps monthly payments for many re...
Continue reading...Education Department Launches ‘Pay As You Earn’ Student Loan Repayment Plan
Friday, December 21, 2012
The U.S. Department of Education announced today that many borrowers are now able to take advantage of a new repayment plan that could lower their monthly federal student loan bills. The plan, known as Pay As You Earn, caps monthly payments for many re...
Continue reading...House Bill Would Make Major Changes in Student-Loan Debt Collection
Wednesday, December 5, 2012
The Chronicle of Higher Education – December 5, 2012 A bill that Rep. Thomas E. Petri plans to introduce as soon as this week would essentially eliminate the Education Department’s need to hire private agencies to collect student-loan debt, by …Continue reading »
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Thursday, May 30, 2013
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