Servicer Loses $7M Over Failure to Send Timely Statements
The Department of Education announced on Monday that it was withholding $7.2…
Problems With Debt Collection Tactics Cited in CFPB Report on Student Loans
An annual report released yesterday by the Consumer Financial Protection Bureau's education…
Student Loan Repayments to Have Little Impact on Economy: Fed Report
Concerns about the impact of individuals having to start making their student…
Administration Wipes Out $9B More in Student Loans
The Department of Education and the Biden Administration last week announced an…
Ed. Dept. Announces New Rules to Protect Consumers from ‘Unaffordable’ Debt
The Biden-Harris Administration this week released final regulations that seek to protect…
CFPB Denies Petition in Student Loan BK Collection Discharge Investigation
The Consumer Financial Protection Bureau has denied a petition from the Pennsylvania…
Examining the Impact that Restarting Student Loan Payments Will have on the Economy
In less than two weeks, consumers across the country will have to…
CFPB Report Spotlights Debt Issues at Colleges, Universities
The Consumer Financial Protection Bureau yesterday issued a warning about tuition payment…
Minn. AG Announces Investigation in 52 Student Loan Debt Relief Companies
The Attorney General of Minnesota yesterday announced that he has opened investigations…
Ed. Dept. Launches New Income-Driven Repayment Program
The Department of Education, along with the federal government, yesterday announced it…