student loans

Sallie Mae's foray into personal loans proves short-lived

01/24/20

The company best known for student lending expanded into personal lending less than two years ago. Now it says it is refocusing on core strategic priorities.

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Warren says she’d bypass Congress to cancel federal student debt

01/14/20

The proposal announced Tuesday is aimed at attracting younger voters.

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CRA overhaul may get messy; Student loans vulnerable in bankruptcy

01/09/20

Fed proposal is at odds with the one offered by the FDIC and OCC; judge wants to dispel the “myth” that student loans can’t be expunged in bankruptcy.

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Consumer Bankruptcy, Done Correctly, To Help Struggling Americans

01/07/20

Today, Senator Elizabeth Warren unveiled her new plan to reform the consumer bankruptcy system. The plan is simple, yet elegant. It is based on actual data and research (including some of my own with Consumer Bankruptcy Project co-investigators Slipster Bob Lawless, former Slipster, now Congresswoman Katie Porter, and former Slipster Debb Thorne).

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600,000 student loan borrowers getting nowhere

12/24/19
Student loan borrowers who plan to apply for Public Service Loan Forgiveness (PSLF)  after ten years of income-based payments are simply not getting their
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First Republic sells student-loan repayment business Gradifi to E-Trade

12/09/19

The sale comes just three years after the San Francisco bank bought the platform.

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CFPB sued for allegedly failing to supervise student loan servicers

11/25/19

Democracy Forward filed the lawsuit Monday against the consumer bureau, Director Kathy Kraninger, the U.S. Department of Education and Education Secretary Betsy DeVos.

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CommonBond’s new play for more student loan refi partners

11/20/19

The online lender said it applied insights from its partnership with Fifth Third Bancorp in developing a new digital platform it’s marketing to other large financial services companies.

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How about educating the student before the loan?

11/20/19

Several proposals in Congress requiring clear disclosures on student loans could help lower defaults.

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Household debt hits new high as low rates boost mortgage demand

11/13/19

Home loan originations rose by double digits in the third quarter while auto loan originations approached an all-time high, according to new household credit data from the New York Fed.

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