student loans

Trump Administration to Begin Student Loan Collections
Trump Administration to Begin Student Loan Collections
May 05, 2025  |  Loans

The Trump administration plans to put millions of defaulted federal student loan borrowers into collections starting Monday (May 5). This action threatens the confiscation of...

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Student Loan Defaults Could Reduce Consumer Spending by $63 Billion
Student Loan Defaults Could Reduce Consumer Spending by $63 Billion
May 02, 2025  |  Consumer Finance

Rising student loan defaults could reduce consumer spending by as much as $63 billion a year, according to Bloomberg Economics. After five years of there being...

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GOP Student Loan Overhaul Puts Limits on Borrowing
GOP Student Loan Overhaul Puts Limits on Borrowing
April 29, 2025  |  Debt

House Republicans have introduced their plan to overhaul the U.S. student loan system. The measure, introduced Monday (April 29) by members of the House Education...

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Bilt Extends Rewards Program to Student Housing and Student Loans
Bilt Extends Rewards Program to Student Housing and Student Loans
April 23, 2025  |  Loyalty & Rewards

Bilt Rewards now enables students to earn rewards on their student housing payments and redeem their rewards toward student loan payments. The first of these...

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FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
FTC Adds Defendants in Case Alleging Unlawful Debt Relief Operation
March 28, 2025  |  Legal

The Federal Trade Commission (FTC) has added more defendants in its case against student loan debt relief operation Superior Servicing and its operator, Dennise Merdjanian. The regulator’s amended complaint added...

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CFPB Upheaval Leaves Hundreds of Millions in Settlements Unclaimed
CFPB Upheaval Leaves Hundreds of Millions in Settlements Unclaimed
March 03, 2025  |  CFPB

With the CFPB’s future in limbo, so too are hundreds of millions in consumer settlements. For example, Reuters reported Monday (March 3), there is a $100 million pot...

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Late Student Loan Borrowers Face 129-Point Credit History Hit
Late Student Loan Borrowers Face 129-Point Credit History Hit
February 27, 2025  |  Loans

There’s a new source of stress facing America’s already-stressed student loan borrowers. For the first time since the pandemic, delinquent payments will be added to...

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Criminal Trial of ‘Frank’ Founder Charlie Javice to Begin Tuesday
Criminal Trial of ‘Frank’ Founder Charlie Javice to Begin Tuesday
February 17, 2025  |  Legal

When the criminal trial of Frank Founder Charlie Javice and former Chief Growth Officer Olivier Amar begins Tuesday (Feb. 18), Javice’s defense team will reportedly...

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National Collegiate Student Loan Trusts to Settle CFPB Allegations of Illegal Debt Collection
National Collegiate Student Loan Trusts to Settle CFPB Allegations of Illegal Debt Collection
January 16, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) and the National Collegiate Student Loan Trusts have filed a proposed stipulated judgment to resolve the regulator’s lawsuit alleging...

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