03
Feb
Public Prosecutors and Defenders Receive Student Loan Relief in Kentucky

Kentucky’s public prosecutors and public defenders may get some help with their student loan debt under the John R. Justice Grant program, which provides relief to student loan debt holders that serve as public prosecutors and public defenders around the country.According to The Lane Report, the state of Kentucky said it has funding to open […]

Posted in: Regional News, Student Loan News,
02
Feb
The Hype of Metal Credit Cards

Credit cards have been used as a form of payment for over half a century, but their start was subtle. Instead of swiping the plastic at a merchant’s card reader, people used cardboard cards to barter for products and services as a form of short-term credit. By the 1960s, plastic cards replaced the temporary IOU cardboard […]

Posted in: Credit Cards,
02
Feb
U.S. Consumers Aren’t the Only Ones with Loads of Debt

Citizens in the United States aren’t the only ones sitting on loads of unsecured debt. Their counterparts across the pond in the United Kingdom also have rising total household debt and student loans are partly to blame.According to a recent BBC report that cited data from TUC, the Trades Union Congress, the average household in […]

Posted in: International Student Loan News, Student Loan News,
Tags: debt, United Kingdom,
01
Feb
U.K. Government Renews Program to Sell Old Student Loans

Three years after legislation to sell old student loans was put on hold in the United Kingdom, UK Government Investments is gearing up to unload around £12 billion in loans into the private market.According to a recent report in the Telegraph, a U.K. newspaper, the move to sell off the loans is a part of […]

Posted in: International Student Loan News, Student Loan News,
31
Jan
Lawmakers Pushing Bill That Gives Financial Aid Access to Undocumented Immigrants

Government members gathering at an unrelated event.With the country seemingly divided about President Donald Trump’s plan to build a wall between the United States and Mexico. A group of lawmakers and undocumented immigrant college students in Connecticut called on state lawmakers to pass a bill that gives undocumented immigrant college students access to financial

Posted in: National News, Student Loan News,
30
Jan
Senator Rubio Reintroduces Bill to Help Victims of Terrorist Attacks with Student Debt

Senator Rubio speaking at a CPAC event.Florida Senator Marco Rubio, moved by the Pulse Nightclub shooting in Orlando this past July, reintroduced legislation earlier this month that would give student loan borrowers with federal loans a year-long break on repayment if they were a victim of a terrorist attack. Subsidized student loans would also stop […]

Posted in: National News, Student Loan News,
30
Jan
Navient Reports Fourth Quarter Results That Fail to Meet Predictions

Navient, the largest student loan servicing company in the U.S., reported fourth quarter earnings last week that fell short of Wall Street’s expectations and was lower on a year-over-year basis, hurt by reduced net interest income and higher costs.For the fourth quarter of 2016, Navient said net income came in at $129 million, which is […]

Posted in: Industry News, Student Loan News,
26
Jan
Aiming to Keep Graduates in the State, Michigan Senator Proposes Credit Solution for Student Debt

Thanks to rising student loan debt, the American dream of buying a home, starting a family, and earning a good salary is out of the reach of many which is having a long term impact on the economies of states around the country.Aiming to address that and hopefully make a positive impact, Michigan Senator Curtis […]

Posted in: Regional News, Student Loan News,
18
Jan
Parents Have a Lot of Student Loan Debt too

Parents celebrating their daughter's graduation. It’s not only college graduates that are struggling with outsized student loan debt, their parents are also feeling the financial pain.At a time when student loan debt is garnering a lot of attention, after all collectively the nation owes $1.3 trillion, a new study by the University of South Carolina reveals [&hellip

Posted in: Editor's Picks, National News, Student Loan News,
18
Jan
American Career Institute Students Have Their Federal Student Loans Discharged

For-profit higher education institutions have been under fire in recent years as the government accuses some of them of overcharging and under delivering, leaving countless students jobless and with student loan debt. Many are forced to suffer in silence, but students at the now defunct American Career Institute or ACI are getting their loans discharged.Late […]

Posted in: National News, Student Loan News,