Student Loan News

02
Mar
Georgian Congressmen’s Support for College Affordability Varies

Aeriel View of the United States Capitol Building where Congress assembles.It is common knowledge that politicians across party lines have different opinions on everything including the issue of student loan debt. However, even lawmakers of the same party tend to disagree about how to tackle the huge student debt problem according to new research by LendEDU.Take [&hel

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, and […]

Posted in: International Student Loan News, Student Loan News,
01
Mar
Student Loan Debt is Detrimental to Young Workers Health

Student loan debt affects people from all economic backgrounds and ages, but when it comes to young people, the impact can be far reaching and detrimental to both their finances and health. These were the findings from a new survey published yesterday by American Student Assistance (ASA), the nonprofit focused on removing the financial barriers […]

Posted in: Popular News, Student Loan News,
01
Mar
Students From Democratic-Held States Graduate With More Debt

Democratic congressmen and women may hold the mantle when it comes to proactively addressing student loan debt, but new research released by LendEDU in February analyzed recent graduates with student debt on both a state-by-state and congressional district basis. It paints a different picture for Democratic proactivity on the second largest form of debt in the Un

Posted in: National News, Student Loan News,
28
Feb
FTC Reached Settlement With Student Debt Reduction Scam Defendants

Pictured above is the Federal Trade Commission headquarters.The Federal Trade Commission (FTC) shut down three debt reduction companies in Florida for scamming people out of close to $2.4 million. Despite such a large fine, the three companies are only paying up $4,500 total, accounting for their total assets.In late January, the FTC announced that it […]

Posted in: National News, Student Loan News,
28
Feb
Republican and Democratic Congressmen Differ Dramatically on Core College Affordability Issues

The United States Capitol Building.When it comes to student debt, everyone agrees it’s a problem, but Democratic and Republican lawmakers have differing opinions on how to solve that problem. According to a new analysis by LendEDU, Republican and Democratic congressmen and congresswomen differ dramatically on key college affordability issues.The analysis found that, of t

Posted in: National News, Student Loan News,
27
Feb
Students in Republican Congressional Districts Default 26 percent More Often Than Students in Democratic Districts

Accountability and affordability may be the mantras of countless lawmakers when it comes to college, but today, most people think of another college problem: student loan debt. Some Republicans and Democrats aren’t doing much to stymie the growth of student loan debt, the second largest form of debt in the United States.While both sides decry student […]

Posted in: National News, Student Loan News,
27
Feb
Borrowers From These 10 Congressional Districts Have the Most Debt at Graduation

Here’s something that many lawmakers on both sides of the aisle have in common: representing areas where residents have student loan debt that is well above the national average.After many lawmakers devoted attention to student debt in the run up to the election, do their words ring hollow? According to new congressional data from LendEDU […]

Posted in: National 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 […]

Posted in: Regional News, Student Loan News,
24
Feb
Attorney Generals Urge Education Secretary DeVos to Keep For-Profit Rules Intact

Betsy DeVos speaking at the 2017 CPAC in National Harbor, Maryland.For-profit colleges came under attack when the Obama Administration was in power, but easier sailing is expected under President Trump and Education Secretary Betsy DeVos.In response, Illinois Attorney General Lisa Madigan and several other attorneys general sent an open letter to DeVos urging her to [&hell

Posted in: National News, Student Loan News,