Tag: Student financial aid

Loan relief approved for more for-profit college students

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The U.S. Education Department on Friday announced it will forgive student loans for more than 1,800 borrowers who attended a trio of for-profit colleges...

As economy reopened, US consumer borrowing surged in May

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WASHINGTON — U.S. consumer borrowing surged by $35.3 billion in May as Americans, bolstered by a reopening economy and rising job levels, went back...

Are state interest-rate caps an automatic win for borrowers?

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Small-dollar, short-term lenders, unburdened by a federal maximum interest rate, can charge borrowers rates of 400% or more for their loans. ...

Overhaul makes it easier for aspiring teachers to get grants

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The U.S. Education Department on Thursday loosened the rules around a grant program that’s intended to help aspiring teachers pay for college but has...

Loan relief granted to former for-profit college students

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The U.S. Education Department said Wednesday it's erasing student debt for thousands of borrowers who attended a for-profit college chain that made exaggerated claims...

Millennial Money: It’s time for better employee benefits

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Vaccination rates are climbing and employers are rolling out back-to-office, back-to-normal plans. But some employees may want a new normal — one that includes...

Millennial Money: She crushed $20K+ in debt at age 24

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With over $195,000 in student loan debt, Annika Hudak saw little harm in swiping her credit cards. ...

What would it take to solve the student debt crisis?

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The possibility of federal student loan forgiveness grabs all the headlines. But experts say no single policy — not even wiping the slate clean...

UK boosts adult education in post-COVID legislative program

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LONDON — The British government plans to expand student loan programs to give all adults access to four years of university or job training...

Consumer watchdog agency rediscovers its teeth under Biden

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NEW YORK — The nation's consumer watchdog is signaling a more aggressive approach toward the financial services sectors after a few years of being...