Student Loans

Mass. AG Settles Lawsuit With Student Loan Servicer

The Attorney General of Massachusetts has announced a “first-of-its-kind” settlement with a student loan servicer that had been sued for allegedly engaging in unfair and deceptive practices that will require it to audit all 200,000 of its accounts in the state to determine if an error or misrepresentation was made …

Read More »

DFPI Takes Action Against Student Loan Debt Relief Company, Launches Broader Investigation

The California Department of Financial Protection and Innovation has announced an investigation into student loan debt relief companies while also announcing its first enforcement action, against a company accused of taking money from individuals while misrepresenting that it could have their student loans dismissed. The enforcement action against Optima Associates …

Read More »

Calls to Cancel Student Loan Debt Strengthen

There is growing sentiment within Congress, the Biden administration, and the general public for some or all of existing student loan debt to be wiped out, according to a published report and the results of a recently released poll. Nearly two-thirds of respondents to a poll indicated they were in …

Read More »