June 25, 2014
We’ve all heard about the meteoric rise of student debt: it now totals over $1.2 trillion and affects more than 40 million Americans. And while stories often focus on the unsustainable rise in college tuition costs and the incredible pace at which this debt multiplies, we must also pay close… Read More»
Tags: \U.S. Postal Service, CFPB, consumer financial protection bureau, debt, Department of the Treasury, Elon University, epartment of Education, Eric Fink, Institute of Labor and Industrial Relations, Internal Revenue Service, niversity of Michigan, Roland Zullo, student debt, student loan debt, student loans, students, University of Michigan’s Institute of Labor and Industrial Relations
May 13, 2014
Earlier today, federal regulators ordered Sallie Mae to pay $96.6 million in penalties and restitution to student loan borrowers harmed by the company’s lending practices. Sallie Mae agreed to settlements with both the U.S. Department of Justice (USDOJ) and the Federal Deposit Insurance Corp (FDIC) for violations of the following… Read More»
Tags: debt, Department of Justice, epartment of Education, Equal Credit Opportunity Act, FDIC, Federal Deposit Insurance Corp, Federal Trade Commission Act, loan, Sallie Mae, SCRA, Senate HELP committee, servicemembers, Servicemembers Civil Relief Act, student, student debt, student loan, students
