Any government action will unfortunately only affect federal loans and will not result in the cancellation of private student loans as people often assume. According to MyCreditCounselor, the only real path to forgiveness / cancellation for most people with a private student loan is through a negotiated settlement. Columbus, Ohio,Read More →

Calgary Police have laid charges in a student loan scam that defrauded several schools and a provincial agency over $ 240,000. The investigation began in October 2019 when a provincial peace officer from the Higher Education Special Investigations Team contacted Calgary Police after noticing multiple inconsistencies with multiple student loanRead More →

Like Hemrajanai, many young professionals increasingly finance their studies with loans. Even though a student loan is considered “good debt” because of tax restrictions and education is seen as an investment in itself, starting a career with large debt requires solid financial planning early on, according to the experts. “TheRead More →

Black borrowers say policymakers have ignored racial and economic evidence of student debt inequality, with majority insisting that canceling all student debt is the best solution to the crisis, according to a new report released Wednesday by The Education Trust. The report, which focuses on the perspectives and life experiencesRead More →

(AP) – Student debt cancellation program with notoriously complex eligibility rules being overhauled by the Biden administration, in a bid to expand debt relief to thousands of officials. The Education Department said on Wednesday it will lift some rules for the remission of civil service loans as it works onRead More →

On September 21, California Attorney General Rob Bonta announced the arrest of the leader of a multi-million-dollar, multi-year national student debt relief scam. Rob bonta The defendant owned a network of third party debt relief companies based in Orange County. They employed managers and sales agents to operate several callRead More →

LYNCHBURG, Virginia. – Tens of thousands of public service workers may now be eligible for forgiveness of their student loan debt. Whether you’ve served on the battlefield or in the classroom, countless people face serious student debt, including Lynchburg’s Amy Poindexter. After graduating from Liberty College with a high schoolRead More →

MarketWatch has promoted these products and services because we believe readers will find them useful. We may earn a commission if you purchase products through our links, but our recommendations are independent of any compensation we may receive. Student loan refinancing interest rates drop to their lowest in more thanRead More →

Interest rates for refinancing your student loan have just fallen to a new all-time low Borrowers who feared they’d waited too long and missed record-breaking student loan refinance rates have yet another opportunity to realize historic savings. Interest rates on five-year variable rate refinances and 10-year fixed loans have fallen,Read More →

Student loan cancellation getty This story is developing. This student loan borrower got $ 221,000 in student loan forgiveness, but his discharge has just been revoked. Here’s what you need to know. Student loans As first reported by the the Wall Street newspaperNavy veteran Kevin Rosenberg was awarded $ 221,000Read More →

Thanks to artist Nick Cannon, three historically black college students in North Carolina won’t have to worry about tens of thousands of dollars in student debt when they graduate. Cannon hosted students from Saint Augustine University, North Carolina A&T University, Winston-Salem State University and other HBCUs on Monday on hisRead More →