Latest Student financial aid News

Thousands of Nevadans share in student loan abuse settlement

Jan. 14, 2022 17:38 PM EST

CARSON CITY, Nev. (AP) — Thousands of Nevadans will share in a big settlement 39 state attorneys general negotiated with a major student loan collecting company accused of abusive lending practices tied to more than $1 billion in loans, Nevada Attorney General Aaron Ford said Friday. ...

Navient settles predatory student loan claims for $1.85B

Jan. 13, 2022 21:32 PM EST

BOSTON (AP) — Navient, a major student loan collecting company, agreed to cancel $1.7 billion in debt owed by more than 66,000 borrowers across the U.S. and pay over $140 million in other penalties to settle allegations of abusive lending practices. The $1.85 billion deal with 39...

Navient settlement: Indebted student borrowers to benefit

Jan. 13, 2022 19:40 PM EST

HARRISBURG, Pa. (AP) — Tens of thousands of people who took out student loans over the past 20 years could see their loans canceled or receive a small check as part of a nationwide settlement with Navient, a major student loan collecting company, over allegations of abusive lending practices. ...

Washington AG: $45M settlement with student loan company

Jan. 13, 2022 13:38 PM EST

OLYMPIA, Wash. (AP) — Washington state Attorney General Bob Ferguson says a major student loan servicer will provide about $45 million in debt relief and restitution to settle the state's lawsuit that alleged it deceived loan seekers and engaged in unfair practices. It’s part of...

Editorial Roundup: Pennsylvania

Jan. 12, 2022 16:27 PM EST

Philadelphia Inquirer. January 10, 2022. Editorial: To help Pennsylvanians, Biden must alleviate student loan debt Fourteen percent of people in our state carry student loan debt. Forgiving those debts could be a game changer for Pennsylvania residents. ...

Millennial Money: Now is the time to build your credit

Jan. 11, 2022 11:36 AM EST

Sooner than you may realize, your credit score will start to matter. A solid credit score can be the difference between qualifying for an apartment or a low-interest car loan or missing out. So to have credit ready when you need it, the time to start building a good and lengthy...

Millennial Money: Would you relocate for $10K? Should you?

Dec. 28, 2021 07:03 AM EST

Cities and states are shelling out serious cash to lure remote workers. Tulsa, Oklahoma, will pay you $10,000 to move there and telework. West Virginia is offering $12,000 and two years of free outdoor gear rental. Move to Maine, and the state will help you pay off your student...

Indiana entrepreneur critical of new worker training program

Dec. 23, 2021 13:45 PM EST

INDIANAPOLIS (AP) — An Indiana agency quietly launched a worker training program aimed at high-tech fields amid uncertainty about the effort eight months after it was pumped up with $75 million in federal COVID-19 relief money. Legislators gave the state agency little direction on...

Pause on student loan payments is extended through May 1

Dec. 22, 2021 17:37 PM EST

WASHINGTON (AP) — The Biden administration on Wednesday extended a student loan moratorium that has allowed tens of millions of Americans to put off debt payments during the pandemic. Under the action, payments on federal student loans will remain paused through May 1. Interest...

Biden administration extends pause on student loan payments until May 1 as omicron surge hits US

Dec. 22, 2021 12:17 PM EST
WASHINGTON (AP) — Biden administration extends pause on student loan payments until May 1 as omicron surge hits US.