Donna Fuscaldo

Donna Fuscaldo covers student loan news for LendEDU. She covers national, state, local, and even international topics to help borrowers stay up to date on the latest information. She has writen about personal finance, entrepreneurship, investments, and financial technology for over fifteen years. Her work has been featured on the Wall Street Journal, Investopedia, Bankrate, Forbes, and more.

Articles by Donna Fuscaldo:

17
May
Nicki Minaj Follows Through on More Than $18K in Student Debt; Pledges to Launch Charity

Rap star Nicki Minaj has stepped up her efforts to help student loan debtors get out of their crushing debt by announcing that she is creating a charity for student loans and tuition payments. Last week Minaj, who has long been an advocate for staying in school and getting good grades, offered to pay off […]

Posted in: National News, Student Loan News,
21
Apr
Arkansas Woman Sentenced to Almost Three Years for Student Loan Fraud

All eyes are focused on fixing the student loan debt problem, but student loan fraud is also alive and kicking. The latest example: an Arkansas woman who engaged in the practice back in 2011 was recently sentenced to federal prison for illegally receiving student loans. According to a report in The Pine Bluff Commercial, Gina Renee […]

Posted in: Regional News, Student Loan News,
06
Apr
Student Loan Lender Earnest Raises Rates on Variable Loans

The Federal Reserve raised interest rates last month and it’s starting to increase the rates borrowers pay on certain loans, including student loans. While borrowers in a fixed rate student loan don’t have to worry about the cost of borrowing getting more expensive, those with a variable rate loan do. That’s because variable rate student […]

Posted in: Industry News, Student Loan News,
31
Mar
Student Loan Group to Pay Nearly $400,000 Settling Claims of Defrauding Student Debt Holders

Student Loan Group, the Aliso Viejo, California-based debt resolution company, agreed to pay close to $400,000 in fines, settling claims that it defrauded student loan borrowers according to a North Carolina Department of Justice press release. A complaint was filed by North Carolina Attorney General Josh Stein alleging that Student Loan Group illegally charged upfron

Posted in: Regional News, Student Loan News,
22
Mar
Wyoming Senator Enzi Calls for Audit of Student Loan Programs

Last month, Wyoming Senator Mike Enzi called on the Department of Education to conduct a full audit of the government’s student loan programs. He cited errors found in a Government Accountability Office report,  as well as errors admitted by the Education Department from 2016 and this year including incorrect numbers for borrowers, enrolled in income-

Posted in: Regional News, Student Loan News,
20
Mar
A Retired Macon High School Teacher Cheated the Department of Education Out of Federal Funding

According to a press release on March 15 from the Middle District of Georgia, a federal grand jury indicted Queen Adeboyejo, a 63-year old former high school teacher from Southwest High School in Macon, Georgia, after pleading guilty to student loan fraud. Adeboyejo reportedly couldn’t get a Direct PLUS student loan from the Department of Education […]

Posted in: National News, Student Loan News,
13
Mar
Jamaica Reduces Student Loan Interest Rates, Still Higher Than United States Rates

Lowering interest rates on federal student loans is one of the many goals of student loan activists and lawmakers in the United States, but in Jamaica, it’s already becoming a reality. Last week, the Student Loan Bureau (SLB) in Jamaica signed off on plans to lower the interest rates on student loans. Finance Minister Audley Shaw announced in […]

Posted in: International Student Loan News, Student Loan News,
07
Mar
U.S. Government Sues Student Loan Borrower in Florida That Didn’t Pay Debt

A student loan borrower in Palm Beach, Florida is being sued by the U.S. government for defaulting on a federal student loan. According to a report in the Florida Record, the lawsuit was filed last week in the U.S. District Court for the Southern District of Florida. The government contends that D. Adams, who also goes […]

Posted in: Regional News, Student Loan News,
02
Mar
African Startups are Using Alternative Data to Provide Student Loans

While fake news and facts can create a huge disservice for people around the globe, alternative data to determine creditworthiness is helping countless people get student loans. That’s particularly true of Africa where much of society uses cash, and little data has been collected on borrowers. In Kenya, banks aren’t in the student loan business, […]

Posted in: International Student Loan News, Student Loan News,
24
Feb
Free College Would Only Cost Middle-Class California Residents $48 a Year in Taxes

Fiscal conservatives detest the idea of tuition free college, arguing that it would considerably increase the tax burden on countless Americans. Despite this, a research report issued by Reclaim California Higher Education, a college advocacy group, in January claims that middle class families in California would only have to pay an extra $48 annually to make [&hellip

Posted in: Regional News, Student Loan News,