Consulting

Consumer groups say Trump administration’s choice of industry executive for student loan ombudsman shows disregard for borrowers.

Consumer groups say Trump administration’s choice of industry executive for student loan ombudsman shows disregard for borrowers.

The Consumer Financial Protection Bureau is bringing on a former student loan servicing executive to oversee the student loan industry. CFPB director Kathy Kraninger named Robert G. Cameron, who was a top official at the Pennsylvania Higher Education Assistance Agency, as the agency’s student loan ombudsman. The company is […] Click here to view original web page at www.insidehighered.com

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Paying back your student loans with ease

Paying back your student loans with ease

Should SWFL taxpayers cover the student loans of other people? As you and your child start a new semester at college on Monday, taking out student loans to pay for school may be unavoidable, but if you’re not careful those loans can turn from a good investment for your […] Click here to view original web page at www.winknews.com

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Economists Say Canceling Student Debt Would Hit Economy: Survey

Economists Say Canceling Student Debt Would Hit Economy: Survey

Photographer: Joshua Lott/Getty Images Photographer: Joshua Lott/Getty Images Canceling Americans’ student debt, as prescribed by Elizabeth Warren and other Democratic presidential candidates, would have an adverse effect on the U.S. economy, a survey of business economists showed Monday. Sixty-four percent of respondents believe forgiving most or all of student […] Click here to view original web page at www.bloomberg.com

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Consumer watchdog signals hands-off approach on federal student loans

Consumer watchdog signals hands-off approach on federal student loans

Kathy Kraninger is director of the Consumer Financial Protection Bureau. (J. Scott Applewhite/AP) August 16 The Consumer Financial Protection Bureau, once one of the most aggressive regulators of education loan companies, is signaling a retreat from oversight of federal student loans by limiting the duties of its new ombudsman. […] Click here to view original web page at www.washingtonpost.com

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A new report shows student loans outpacing other household debt among most severely delinquent loans.

A new report shows student loans outpacing other household debt among most severely delinquent loans.

The New York Fed this week presented an unsettling picture of how student loans stack up to other household debt. Defaulted student loans have surpassed all other types of household debt classified as “severely derogatory,” including mortgage and credit card debt, according to a report from New York Fed […] Click here to view original web page at www.insidehighered.com

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Paying back your student loans with ease

Should SWFL taxpayers cover the student loans of other people? As you and your child start a new semester at college on Monday, taking out student loans to pay for school may be unavoidable, but if you’re not careful those loans can turn from a good investment for yourRead More…

What Should I Do With My Crazy Student Loans?

Q. I’ve recently gotten engaged to the woman of my dreams, but I’m worried about starting off our life together in serious debt. It took me a while to figure out what to do for a career, and as a result of switching programs a few times, I haveRead More…

Economists Say Canceling Student Debt Would Hit Economy: Survey

Canceling Americans’ student debt, as prescribed by Elizabeth Warren and other Democratic presidential candidates, would have an adverse effect on the U.S. economy, a survey of business economists showed Monday. Sixty-four percent of respondents believe forgiving most or all of studentRead More …

$74.9 Million Paid in Employee Student Loan Benefits

Available Student Loan Repayment Benefits Federal agencies are allowed to establish programs for repayment of various types of student loans in order to recruit or retain highly-qualified agency employees. A federal agency can make payments to a loan holder of up to $10,000 for an employee in a calendar Read More…

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