Loan programs

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

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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

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

Student debt once again popular on the campaign trail, as Democrats look to keep Senate

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As Democrats look to keep their grip on the U.S. Senate, they’re touting their support of legislation to let borrowers refinance their debt at lower interest rates. 

U.S. House votes to change college tax breaks, boost student loan counseling

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Lawmakers' overhaul of higher education tax benefits gives colleges and universities things to cheer and protest. They also approve a bill to boost student loan counseling. 

Report: Minority community college students denied access to federal loans

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An advocacy group's new report shows that nearly a million community college students -- including a disproportionate share of underrepresented minorities -- lack access to federal student loan programs. 

ITT's federal compliance scramble differs from Corinthian's shut down

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ITT's missed deadline with the Education Department prompts comparisons to Corinthian Colleges. But ITT is on firmer ground.

Senate Republicans block student loan reform legislation

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Senate Republicans prevent passage of legislation to let student loan borrowers lower their interest rates.

Consumer Protection Bureau says some private loan borrowers face co-signer issues

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Federal officials say that some lenders, when a student's loan cosigner dies, declare an automatic default -- with no chance for the student to pay off what is owed.

Education Department plans to change how it oversees loan servicers

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Education Department plans changes in how it evaluates student loan servicers. Consumer advocates and some members of Congress have criticized the department's oversight of the companies. 

Education Department official defends agency's loan servicing contracts

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Several Senate Democrats had pointed questions for the Education Department over how it oversees the companies that manage student-loan borrowers’ payments.

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