student loans

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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Experian offers help to borrowers; Goldman scouts Europe

11/07/19

The credit bureau will consider borrowers’ rental payment history and professional licenses; bank looks to build business on the other side of the Atlantic.

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What's Wrong with PSLF and How to Fix It

11/05/19

The Public Service Loan Forgiveness program has so far rejected roughly 99,000 out of 100,000 student loan borrower applicants. Poor Education Department oversight, poor contract design and implementation, and widespread servicing contractor failures are as much to blame as problems in the legislative and regulatory program design. Making this program work to provide loan relief for potentially millions of public servants requires a comprehensive set of fixes. US Ed.

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Amex's immigrant assist, the Libor void, bank failures: Top stories of the week

11/01/19

New tech lets American Express instantly issue cards to immigrants; the end of Libor raises concerns about financial stability; regulators shutter banks in Kentucky and Ohio; and more from this week's most-read stories.

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