Regional News

21
Apr
Massachusetts Legislators Trying to Create a ‘Student Loan Bill of Rights’

The Massachusetts Senate recently passed the "Student Loan Bill of Rights" to protect student loan borrowers.The Massachusetts Senate passed a “Student Loan Bill of Rights” on April 11, but that doesn’t mean this legislation aimed at protecting borrowers from abusive practices is ready to go. The state may have to go to court to fight […]

Posted in: Regional News, Student Loan News,
30
Mar
How Unauthorized Immigrants Might Qualify for College Financial Aid in N.J.

New Jersey lawmakers recently passed a bill granting financial aid to unauthorized immigrants attending college in New Jersey.Immigrants living here illegally might soon be able to receive financial aid for college in New Jersey, thanks to a financial aid bill approved in March. The bill, known as S-699, passed through the Democrat-controlled state Senate after […]

Posted in: Regional News, Student Loan News,
20
Mar
Seattle Joins Other Cities and States to Offer Free College

The city of Seattle is rolling out a free community college program for high school graduates this upcoming fall. As Seattle Mayor Jenny Durkan rolls out her free community college program for high school graduates, a new think tank report suggests a key to the program’s success is simplicity.The Seattle Promise program will launch this fall […]

Posted in: Regional News, Student Loan News,
01
Mar
Ohio Town Offers Student Debt Repayment Help for New Residents

Hamilton, Ohio's "Talent Attraction Program Scholarships" will help residential workers pay down their student loan debt.With student loan payments reaching an all-time high, one Ohio town is capitalizing on this by offering student loan borrowers an incentive to relocate and get their debts paid.The Journal-News reported in February that Hamilton, a suburb of Cincinnati,

Posted in: Regional News, Student Loan News,
28
Feb
College’s Financial Ed Helps Students Graduate with Less Debt

The University of Northern Iowa is offering a three-week program to help students manage their finances and spending habits.University of Northern Iowa is doing its part to help students shoulder the financial burden of college by offering a “Live Like a Student” non-credit course, the Des Moines Register reported. The free, three-week program helps students […]

Posted in: Regional News, Student Loan News,
27
Feb
New Suggested Program Aims to Help Student Loan Borrowers Buy a Home

A Pennsylvania legislator said he would propose offering student loan borrowers zero-interest mortgages to encourage home-buying.The burden of student loan debt is causing many young Americans to delay major financial life decisions, including home buying. Meanwhile, among millennials who do own homes, many say student debt prevents them from upgrading their home purc

Posted in: Regional News, Student Loan News,
15
Jan
Washington AG Wants More Regulation for Student Loan Servicers

Washington State Attorney General Bob Ferguson, right, seen here speaking with Rep. Norm Johnson, center.A recent report shows that over 800,000 Washington residents owe more than $24 billion in student loan debt. This report closely details the struggles that many borrowers face as they attempt to pay off their student loans.Using this report as a […]

Posted in: Regional News, Student Loan News,
12
Jan
NY Governor Tackles Student Loan Debt in Recent State Proposal

Last month, New York Governor Andrew Cuomo revealed his annual State of the State proposal and much of it was directed at student loan debt. Specifically, Governor Cuomo is interested in increasing protections for students who use financial aid to help them afford college.To help combat the student loan debt problem, Cuomo proposed creating a […]

Posted in: Regional News, Student Loan News,
22
Dec
Indiana Women Caught Embezzling Half a Million to Pay Off Student Loans

An Indiana resident will have to serve 320 hours of community service after pleading guilty to embezzling money from her former employer. The embezzling resident admitted to stealing more than $455,000 to pay for her student loans, rent on two different homes, medical bills, and trips to Florida and Hawaii.The Indiana resident was a senior […]

Posted in: Regional News, Student Loan News,
14
Dec
Iowa City Bank Offers Student Loan Repayment Benefits to Employees

Student loan debt is an issue affecting about sixty percent of college graduates who collectively owe around $1.45 trillion. For that reason, MidWestOne Financial Group started offering a student loan repayment benefit to help their employees pay off their loans more quickly.The company began offering this benefit at the beginning of the year with a […]

Posted in: Regional News, Student Loan News,