Tag: Student financial aid
Loan relief approved for more for-profit college students
The U.S. Education Department on Friday announced it will forgive student loans for more than 1,800 borrowers who attended a trio of for-profit colleges...
As economy reopened, US consumer borrowing surged in May
WASHINGTON — U.S. consumer borrowing surged by $35.3 billion in May as Americans, bolstered by a reopening economy and rising job levels, went back...
Are state interest-rate caps an automatic win for borrowers?
Small-dollar, short-term lenders, unburdened by a federal maximum interest rate, can charge borrowers rates of 400% or more for their loans.
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Overhaul makes it easier for aspiring teachers to get grants
The U.S. Education Department on Thursday loosened the rules around a grant program that’s intended to help aspiring teachers pay for college but has...
Loan relief granted to former for-profit college students
The U.S. Education Department said Wednesday it's erasing student debt for thousands of borrowers who attended a for-profit college chain that made exaggerated claims...
Millennial Money: It’s time for better employee benefits
Vaccination rates are climbing and employers are rolling out back-to-office, back-to-normal plans. But some employees may want a new normal — one that includes...
Millennial Money: She crushed $20K+ in debt at age 24
With over $195,000 in student loan debt, Annika Hudak saw little harm in swiping her credit cards.
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What would it take to solve the student debt crisis?
The possibility of federal student loan forgiveness grabs all the headlines. But experts say no single policy — not even wiping the slate clean...
UK boosts adult education in post-COVID legislative program
LONDON — The British government plans to expand student loan programs to give all adults access to four years of university or job training...
Consumer watchdog agency rediscovers its teeth under Biden
NEW YORK — The nation's consumer watchdog is signaling a more aggressive approach toward the financial services sectors after a few years of being...
