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How Trump’s Tax Reform Plan Will Affect Student Loan Borrowers

On April 26, 2017, the White House unveiled a plan to provide "tax relief to both our corporations that will help grow jobs, and to middle Americans." In a briefing, Secretary of the Treasury Steven Mnuchin and Director of the National Economic Council Gary Cohn admitted that the President's plan takes away a critical benefit for student loan borrowers. Read the article

Student Loans

Income Share Agreements, and Their Role in Higher Education Inequality

Imagine you're going into college and staring at a bill for $25,000 for tuition and assorted other fees for your first year of school.You've got two ways to pay the bill. You can take out a combination of federal and Read the article

Citigroup Being Investigated Over Student Loan Servicing Practices

Just weeks after Discover was ordered by the Consumer Financial Protection Bureau to pay $18.5 million for illegal student loan servicing practices, Citibank is facing a probe into its own practices. In a filing dated August 3, 2015 with the Securities and Read the article

Department of Education Updates List of Troublesome Colleges

The U.S. Department of Education has published their list of of schools facing extra scrutiny as of June 1, 2015, and it's a good idea to check if yours is on the list. A total of 483 colleges are being Read the article

Education Department To Screw Married Student Loan Borrowers With New Payment Options

The U.S. Department of Education, as part of a continuing public relations effort to look like it's trying to help federal student loan borrowers, on July 7, 2015 announced an enormous expansion of the highly-regarded Pay-As-You Earn repayment program. Under Read the article

Navient and Sallie Mae – Same Thing, or Different?

For millions of student loan borrowers, Sallie Mae is synonymous with educational finance. Now there's a new name in town - Navient. Founded in 1973, Sallie Mae (the nickname of The Student Loan Marketing Association) operated as a Government-Sponsored Enterprise Read the article

Student Loans, Debtfare and the Poverty Industry

Susanne Soederberg, a professor of political studies and global development studies at Queen’s University in Canada, is calling for the student loan industry to be, "revealed, attacked, and uprooted." In her article on Dollars & Sense, Soederberg says the educational Read the article

Bankruptcy

Thinking About a Second Job? Consider These 7 Risks First

Being in debt is like being overweight; you've got too much of a thing you want to get rid of. As with losing weight, the way to get out of Read the article

4 Simple Steps to Correcting Errors on Your Credit Report

It's been estimated that about 80% of people in the United States have credit report errors.  Those statistics are from 2009, so it's likely that those numbers are higher in Read the article

Can Credit Repair Really Raise Your Score After Bankruptcy?

When you use bankruptcy to get out of debt, the first thing you're going to want is to work on your credit score. Getting your credit into tip-top shape, after Read the article

Use This Simple Bankruptcy Trick To Slash Your Car Payments

People file for bankruptcy protection for a number of reasons: overdue credit card debts, tax obligations, mortgage issues, and more. One benefit of filing for bankruptcy is the ability to Read the article

6 Things You Need to Know About Charged Off Credit Card Debts

Knowing what charge-off means can make it easier to structure your debt relief efforts. When you go past due on a debt, the phone calls begin pleasantly enough. Customer service Read the article

Would You Fight Ronda Rousey for a Frappuccino?

There comes a time when you start looking at picking up extra jobs to improve your financial situation. For example, Megan Fox used to dress up as a banana. Whoopi Read the article