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The massive $26 Billion dollar settlement between the government and certain large banks regarding abusive practices, in particular t… Read More
President Trump’s Education Department is Helping some of the Nation’s Largest Student Loan Companies as they seek to Fend Off Allegations of Cheating and Misleading Borrowers. T… Read More
A Federal Judge on Monday sharply Criticized the Education Department and Secretary Betsy DeVos for Violating her Order to Stop Collecting the Student Loans of Tens of Thousands of Borrowers… Read More
A Federal Judge on Thursday held Education Secretary Betsy DeVos in Contempt of Court and Imposed a $100,000 Fine for Violating an Order to Stop Collecting on the Student Loans owed by Stude… Read More
The Obama administration is encountering a big challenge: Seven million Americans have collectively billions of dollars in federal student debt but aren’t making payments, despite hund… Read More
California, Illinois, and New York, Sued the Trump Administration over a New Rule that Exempts Buyers of High-Interest Loans from State Interest-Rate Caps, alleging the Change will Increase… Read More
The Trump Administration, on Friday, Suspended All Federal Student Loan Payments through the End of January 2021 and kept Interest Rates at 0%, extending a Moratorium that started Early in t… Read More
Progressives are ramping up Pressure on the Biden Administration to Replace the Federal Official who oversees the Nation’s $1.5 Trillion Student Loan Portfolio, calling for New Leaders… Read More
The Biden Administration Announced, Friday, it is Reversing a Trump-Era Policy and will Broaden the Ability for State and Federal Regulators to Investigate Large Student Loan Companies.
Ri… Read More
One of the Federal Government’s Largest Student Loan Servicers just called it quits.
The Pennsylvania Higher Education Assistance Agency, which oversees the Loans of 8.5 Million Stud… Read More
The Biden Administration has Revoked a Trump-era Rule that Consumer Advocates argued Allowed the Education Department to Subvert State Law Enforcement Probes of Student Loan Servicers, one o… Read More
President Biden Nominated, Rohit Chopra, to serve as the Nation's Top Consumer Financial Watchdog, Eight months ago. On Thursday, he finally got past Republican Opposition and was Approved… Read More
The Plans, some of which are still in progress and not finalized, are aimed at averting a potential Surge in Delinquencies when Payments resume in February 2022. "A smooth transition back in… Read More
Though it may Not have fulfilled All of the Promises made on the Campaign Trail, President Biden's Administration has made some Progress on Student Loans. Last week, the Department of Educat… Read More
New York Attorney General Letitia James (D), announced an Agreement on Wednesday, was made with the Pennsylvania Higher Education Assistance Agency (PHEAA), which will help Thousands of New… Read More
The Biden Administration continued its Student Loan Cancellation, by announcing that 40,000 Borrowers would see their Student Loans become Eligible for Discharge under the Public Service Loa… Read More