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Advocates who helped prod Democratic presidential candidates to embrace the concept seek to spread the issue into election drives for the U.S. Senate and House.
During a three-month hiatus, borrowers would be encouraged to refinance at lower interest rates.
Could student loan repayment models from other countries work in the United States?
After years of criticism from companies it hires to collect student loan payments, the Education Department plans to create a single standardized portal for borrowers to make payments.
Federal lawsuit seeks to force the Education Department to provide information about its debt collection practices, including their impact on minority borrowers.
The new rules include a prohibition on overdraft fees for campus debit cards and a requirement for colleges to publicly disclose agreements with banks and other financial institutions.
In a decision hailed by consumer advocates, a federal appeals court rules that a major student loan agency is not immune from lawsuits.
Armed with a new report outlining student loan servicing problems, the consumer bureau says it's exploring tougher new regulation of the industry.
Corinthian's court-approved liquidation plan will provide $4.3 million for former students, which they will use to press U.S. to grant more sweeping discharges for students of the defunct for-profit chain.
Obama administration plans to clarify when defrauded student loan borrowers can have their loans forgiven -- and give the Education Department new tools to go after colleges.
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