Loan programs

U.S. charts new debt relief process with implications beyond Corinthian

Smart Title: 

A guide to the Education Department and Corinthian borrowers.

Federal rule-making panel OKs plan to expand income-based repayment program

Smart Title: 

Carrying out Obama directive to boost income-based repayment, Education Department panel endorses plan that will be available to all direct loan borrowers, regardless of when they incurred the debt. 

Report calls for states to adapt grant programs for the modern student

Smart Title: 

A new report contends that state aid programs should better meet the needs of modern students in today's college landscape, which is vastly different from when most such programs were developed. 

Federal judge sides with Education Department in firing of debt collectors

Smart Title: 

Judge dismisses lawsuit stemming from U.S. Department of Education's firing of several debt collectors over allegations they misled struggling borrowers.

Federal audit faults Education Department for lack of plan to prevent student loan defaults

Smart Title: 

A federal audit of the U.S. Department of Education’s student loan programs concludes that the agency is without a “comprehensive plan or strategy to prevent student loan defaults.”

New roles for guarantee agencies in era of direct federal lending

Smart Title: 

Guarantee agencies branch out as private-lending pool dries up. Most stick to college completion and financial advising, but one produces a film while another buys 56 campuses from a for-profit.

 

Two Democrats criticize Obama administration for helping colleges avoid default rate penalties

Smart Title: 

The top Democrats on the U.S. Senate and House education committees hit the Obama administration over decision to lower some colleges' default rates, allowing them to avoid sanctions.

U.S. eases requirements for Parent PLUS loans

Smart Title: 

Parents and students with damaged credit histories will have an easier time getting the loans under new regulations. Education Department will publish institution-level PLUS loan default rates. 

Families' student loan debt grows, but rate of increase slows

Smart Title: 

Federal report shows families' student loan burden grows while other forms of debt decline, but suggests a slight slowing of the rate of increase in families' college-related debt.

Education Department renegotiates contracts with student loan servicers

Smart Title: 

Facing criticism that it doesn't properly oversee the companies managing student loan payments, the Education Department revamps its contracts.

Pages

Subscribe to RSS - Loan programs
Back to Top