student loans

Access Group Education Leaks Data On Student Loan Borrowers

Access Group Education Leaks Data On Student Loan Borrowers
Access Group Education Leaks Data On Student Loan Borrowers
April 30, 2018  |  Cybersecurity

Access Group Education Lending, the student loan servicing company, has been the subject of a data breach. Fox Business, citing a letter sent to those...

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What The Climbing Debt Defaults Really Mean For The Economy
What The Climbing Debt Defaults Really Mean For The Economy
February 20, 2018  |  Alternative Credit

By many measures, the economy looks strong. The stock market — despite a fairly steepWh correction a week ago — is still well ahead of where...

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Brown University To Replace Student Loans With Scholarships
Brown University To Replace Student Loans With Scholarships
December 11, 2017  |  Loans

With the nation collectively owing $1.3 trillion in student loan debt and countless graduates struggling to pay back their student loans, one Ivy League school,...

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CFPB Hits Citibank With Fine Over Student Loan Servicing
CFPB Hits Citibank With Fine Over Student Loan Servicing
November 22, 2017  |  Banking

The Consumer Financial Protection Bureau (CFPB) announced Tuesday (Nov. 21) it has taken enforcement action against Citibank for what the government watchdog said were failures...

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Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
November 20, 2017  |  Loans

Student loans have an unexpected consequence if they go unpaid: Borrowers who default on their payments can lose their state-issued professional licenses. That’s according to...

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Navient Scoops Up Online Lender Earnest
Navient Scoops Up Online Lender Earnest
October 06, 2017  |  Partnerships

Earnest, a FinTech startup with hopes of creating a modern financial institution, is selling to student-loan giant Navient for $155 million in cash. According to TechCrunch,...

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Student Loan Collection Draws CFPB Attention And Ire
Student Loan Collection Draws CFPB Attention And Ire
September 19, 2017  |  Legal & Regulation

The CFPB laid down some serious fines on National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, Inc. The firms were collectively ordered...

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Consumer Credit: Privilege Or Entitlement?
Consumer Credit: Privilege Or Entitlement?
August 25, 2017  |  Debt

There isn’t much that can be said about the “average” American credit user in 2017 because, as it turns out, there really isn’t one. According...

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