student loan debt

Edu. Dept. Awards Contract To A Company Tied To Sec. Betsy DeVos (Video)

Edu. Dept. Awards Contract To A Company Tied To Sec. Betsy DeVos (Video)

On Thursday, the Education Department selected two firms to help collect unpaid student loans. But if there is one thing we have come to understand the past year about this department under Secretary Betsy DeVos, it’s that partisan ideology and personal financial gain are at the forefront of policies her agency is charged with enforcing. Thursday’s decision […]

States Sue Betsy DeVos’ Education Department Over Delaying Student Loan Protections (VIDEO)

States Sue Betsy DeVos’ Education Department Over Delaying Student Loan Protections (VIDEO)

After a few months of relative quiet, U.S. Education Secretary Betsy DeVos finds herself once again in the headlines for her conflicts of interest with for-profit colleges. The Obama Administration set in place policies requiring the U.S. Education Department to investigate loan servicing companies’ past conduct before the government awarded lucrative contracts. Those contracts were required to include certain consumer […]

Thought Your Student Loan Would Be Forgiven? Maybe Not, And Now You Owe Lots More In Penalties And Late Fees

Thought Your Student Loan Would Be Forgiven? Maybe Not, And Now You Owe Lots More In Penalties And Late Fees

In 2007, The Public Service Loan Forgiveness Program was enacted. This program promises to forgive the student loans of those who work in a variety of public service jobs. “The program generally covers people with federal student loans who work for 10 years at a government or non-profit organization, a diverse group that includes public school […]

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 […]

Student Loan Debt: The 5 Things Millennials Wish You Understood (And Would Leave Them Alone About)

Student Loan Debt: The 5 Things Millennials Wish You Understood (And Would Leave Them Alone About)

I am so fed up right now I could scream. I turned on the news (as I do every evening) and was greeted with the information about how the Feds are raising interest rates. That isn’t what bothered me so much, as it was the bitching by several pundits about how millennials don’t want to […]

Top 10 Reasons Millennials Are More Liberal Than Their Parents

Top 10 Reasons Millennials Are More Liberal Than Their Parents

1. Millennials Depend On Liberal Internet Articles For Their News Gone are the days of reliance on print forms of news. Millennials, much more than their parents, rely on the Internet for their news information. Millennials check news media websites, Twitter, Facebook, and other Internet sites for their news, and these sources tend to allow […]

This Shocking Chart Reveals The Ugly Truth About Student Loan Debt (IMAGE)

This Shocking Chart Reveals The Ugly Truth About Student Loan Debt (IMAGE)

The depth of the student loan problem isn’t news to Liberal Americans, but this simple graphic reveals just how deep the problem is — and how rich the U.S. government and banks are getting from the backs of our most valuable Americans: our students who are fresh out of college. We can’t afford more Pell […]

8 Reasons Young Americans Don’t Fight Back

8 Reasons Young Americans Don’t Fight Back

This article was originally published on AlterNet and is reprinted on Liberal America with the permission of the author.? Traditionally, young people have energized democratic movements. So it is a major coup for the ruling elite to have created societal institutions that have subdued young Americans and broken their spirit of resistance to domination. Young […]

Mortgage Loans Or Student Loans? How Sallie Mae Is Using Taxpayer Money To Prey Off Of the Nation’s Most Economically Vulnerable

Mortgage Loans Or Student Loans?  How Sallie Mae Is Using Taxpayer Money To Prey Off Of the Nation’s Most Economically Vulnerable

Early last week, Sen. Warren sent a letter to the acting director of the Federal Housing Finance Agency (FHFA), Ed DeMarco requesting information on Sallie Mae’s misuse of a line of credit it receives from the Federal Home Loan Bank (FHLB).

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