Pictured above is Eureka College, which saddled student borrowers with the most student loan debt in the state of Illinois. According to LendEDU’s Student Loan Debt by School by State report for 2017, the average student loan borrower attending college in Illinois is left with $28,479 in student loan debt.When compared to the same LendEDU report from […]
The Chicago Botanic Garden, pictured above, will host SoFi’s career incubator SoFi Accelerate.Social Finance, Inc., a fintech and student loan refinancing company, announced this week that SoFi Accelerate, the company’s career incubator, will be visiting Chicago this September.On Sunday, September 24th, SoFi Accelerate will head to the Windy City to offer professionals a chance to […]
It’s no secret that college is expensive. Millions of students and their families shell out tens of thousands of dollars to pay for tuition, room and board, and other associated expenses every year. With these extraordinary costs, most students often have to take out student loans to bridge the gap between savings, scholarships, and grants and […]
This week, millions of players will log online or meet up at their friends’ houses to draft the fantasy football team they hope will win them the big money. Millions others will soon log on to daily fantasy football websites, like DraftKings and FanDuel, to try their luck at weekly competitions that pay out prizes to the […]
Florida Senate President Joe Negron (R-Stuart), pictured above, has made education reform a top priority of his. On Wednesday, August 30th, Florida State Senator Bill Galvano (R-Bradenton) filed a bill (SB 4) that would expand the amount of financial aid the state of Florida distributes to in-state higher education students.The bill, known as the Florida Excellence […]
Recent college graduates can look to Earnest or LendKey to refinance their student loans, but must be aware of altered interest rates.Two student loan refinancing companies, LendKey and Earnest, have changed their student loan refinancing interest rates in recent weeks, according to LendEDU.Effective August 10th, LendKey’s variable interest rate range for their student loan refinance […]
The CFPB’s office in Washington D.C. The bureau has filed a complaint and proposed settlement regarding Aequitas Capital Management. On August 17th, the Consumer Financial Protection Bureau (CFPB) filed a complaint and proposed settlement that, if approved, would put 41,000 student loan borrowers in line to have their student loans forgiven.The proposed settlement and complaint were […]
MPOWER Financing, which specializes in student loans for international students, launched a $100 million debt financing round. MPOWER Financing, a fin-tech company that specializes in providing student loans for international students, has announced via press release that they have launched a $100 million debt financing round to keep up with the demand for educational loans.MPOWER Financing […]
New Jersey Governor Chris Christie signed a student loan related bill into law on Monday, July 7.On Monday, July 7, New Jersey Governor Chris Christie signed a new law that will limit the amount that New Jersey college students can borrow from the Garden State’s student loan program, according to a NJ government press release.The […]
The Minnesota State Supreme Court ruled against Globe University and the Minnesota School of Business on July 26th. Student loan borrowers duped by Globe University and the Minnesota School of Business might be able to get rid of their debt due to a ruling last week by the state’s Supreme Court.The Minnesota State Supreme Court’s July […]