student loans

Credit reporting bill passes House but faces long odds in Senate


No Republicans voted for the package of bills intended to overhaul the credit reporting system, casting doubt on its chances in the GOP-controlled Senate.


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


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.


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


The proposal announced Tuesday is aimed at attracting younger voters.


CRA overhaul may get messy; Student loans vulnerable in bankruptcy


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.


Consumer Bankruptcy, Done Correctly, To Help Struggling Americans


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).


600,000 student loan borrowers getting nowhere

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

First Republic sells student-loan repayment business Gradifi to E-Trade


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


CFPB sued for allegedly failing to supervise student loan servicers


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


CommonBond’s new play for more student loan refi partners


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.


How about educating the student before the loan?


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