A coalition of 18 Democratic attorneys general are suing Secretary of Education Betsy DeVos for the second time over her plan to end an Obama-era regulation that protects student loan borrowers from predatory career-training programs.
Many of us are all too familiar with the student loans, but thanks to a new program unveiled by Fidelity Investments, repayment aid from your employer may soon be an option.
Have you taken out a private student loan to fund your education? Do you know who owns the debt? The issue of who owns the debt on $5 billion worth of student loans is at the center of a legal battle that is resulting in tens of thousands of people having their debt wiped away.
Because Betsy DeVos is a mediocre white woman who spends her time spending her wealthy husband’s money—in fact, the DeVos family has donated millions to the Republican Party—she was gifted the job of education secretary. In this position, she has excelled in moving the nation toward for-profit schooling.
While we were all distracted by other things Tuesday, Betsy DeVos used her powers as education secretary to roll back some key policy memos issued by the Obama administration that strengthened consumer protections for student loan borrowers.
Navient, the nation’s largest servicer of student loans, has misled borrowers for years with respect to its policies and practices, costing them millions of dollars, according to a lawsuit filed Wednesday by a federal regulator.
Students who graduate from historically black colleges and universities graduate with substantially higher debt than their peers at non-HBCUs, according to a new report published by the United Negro College Fund on Tuesday.
Undergraduate students are leaving school with an average of $30,000 in student loan debt, a new study shows.