federal student loans

Edu. Dept. IG Report: Betsy DeVos Has Not Processed Any Student Loan Fraud Claims (Video)

Edu. Dept. IG Report: Betsy DeVos Has Not Processed Any Student Loan Fraud Claims (Video)

Who knew an Education Secretary would garner so much press? Normally a low-profile job, Betsy DeVos has elevated her position to unprecedentedly controversial levels. Upon assuming her role as the nation’s education advocate, Education Secretary Betsy DeVos decided to rescind support requiring the U.S. Education Department to investigate loan servicing companies’ past conduct before the government awards lucrative contracts. Interestingly, these are […]

Education Secretary Betsy DeVos Is Creating A Financial Crisis For Students (VIDEO)

Education Secretary Betsy DeVos Is Creating A Financial Crisis For Students (VIDEO)

Student debt is economically crippling a generation of Americans seeking higher education. So what is Education Secretary Betsy DeVos doing about it? About what we would expect any other member of President Donald Trump’s cabinet to do: run right into the arms of exploitative loan providers and eschew policies the prior administration enacted to prevent predatory […]

Clinton SCHOOLS Trump On Free College And How To End The $1.3 Trillion Student Debt (VIDEO)

Clinton SCHOOLS Trump On Free College And How To End The $1.3 Trillion Student Debt (VIDEO)

Visit Democratic presidential nominee Hillary Clinton’s website and you’ll see a plethora of topics. Clinton schools Trump by laying out specifics on top issues including education. Visit Republican presidential nominee Donald Trump’s website and click the Issues section. What you’ll find is a three minute video of students defending the now defunct scam known as […]

Young Americans Are Selling Heirlooms To Make Rent Money

Young Americans Are Selling Heirlooms To Make Rent Money

The financial realities of Millennials are generally bleak. Coupled with hounding student loans, a barely thriving housing market, and a lethargic workforce, this bleak situation has really pushed some Millennials over the edge. For some in New York City, that includes selling precious family heirlooms to make rent money. Provident Loan Society of New York […]

Student Loan Sharks Will Chase You Forever – Even Beyond The Grave (VIDEO)

Student Loan Sharks Will Chase You Forever – Even Beyond The Grave (VIDEO)

Even after death, it seems like lenders will chase people to the ends of the Earth to ensure repayment. A New Jersey mom faced a rejection letter by the Higher Education Student Assistance Authority of New Jersey, even after she asked for loan forgiveness. Even though her 23-year-old son died, the Authority will still issue monthly bill […]

For-Profit Online Colleges Lose Effort To Suck Students Dry

For-Profit Online Colleges Lose Effort To Suck Students Dry

For-profit institutes of higher education, namely online colleges such as the University of Phoenix, wanted the government to stop limiting the amount of debt students are allowed to carry. These for-profit schools lost that battle, though, and the Obama administration refused to raise the debt limit, much to the chagrin of for-profit online colleges everywhere. […]