LendEDU Financial News


National Student Loan News

September 13, 2018 Shannon Serpette
When potential students and their parents receive tuition statements and bills as they prepare to head off to college, one thing has changed from a generation or two ago – college fees. Students don’t only see items like tuition, room, and board listed, but they also see items like library, mentoring, and technology fees. Sometimes the […]

Regional Student Loan News

August 15, 2018 Shannon Serpette
In the last 12 years, the Kentucky Department of Revenue has claimed in excess of $50 million from students behind on payments to Kentucky’s public universities. The department has managed to do so by taking money out of the students’ tax refunds and paychecks without a court order. It has also collected a hefty amount in fees […]

Editor's Picks

January 10, 2018 Andrew Rombach
According to a Congressman’s press release, there is a new bill before Congress that is aimed at helping borrowers repay their student loan debt. This time, the bill offers a new twist on the subject. Known as the Student Security Act of 2017, it offers borrowers loan forgiveness in exchange for delaying their Social Security benefits. Graduate […]

Betsy DeVos Comes Under Fire Once Again
November 08, 2017 Andrew Rombach

Student Loan Industry News

August 27, 2018 Debbie Baratz
If a student drops out of college partway through a semester, they can lose the money they paid for tuition and fees. But in recent years, more people are paying for tuition insurance. Tuition insurance can protect families if their child drops out of college after the school’s deadline to obtain tuition reimbursement – typically at the […]

International Student Loan News

November 16, 2017 Andrew Rombach
The BBC program Panorama recently aired an expose on a fraudulent student loan scandal that shocked the world. In an elaborate scheme, fraudsters calling themselves “education agents” managed to abuse the British government’s student loan system at the Greenwich School of Management and Plymouth University. The Greenwich School of Management (GSM) in London offers a wide range of courses […]

Credit Card News

July 06, 2018 Shannon Serpette
Consumers who love rewards credit cards have a new option to consider – a Wells Fargo card that doesn’t charge an annual fee. The new Wells Fargo Propel Card is an American Express card that offers three points per dollar spent on dining charges. Plus, it awards cardholders three times the points on certain travel costs like […]

Personal Loan News

April 24, 2018 Andrew Rombach
I recently had the chance to interview the CEO and Co-Founder of an interesting and successful company known as Upstart. Upstart made a name for itself over the last 6 years as a personal loan lender. How exactly did it do this? Upstart implemented an artificial intelligence (AI) and machine learning (ML) algorithm that could underwrite credit […]

Auto Loan News

September 11, 2018 Shannon Serpette
Santander Consumer USA Holdings Inc., an affiliate of European lender Banco Santander SA, will settle claims alleged by a U.S. consumer watchdog group that borrowers weren’t fully informed about some of their costs. In particular, the lack of information was about insurance policies and auto loans. Santander Consumer accepted interest-only payments on loans allegedly without telling […]