Student loan borrowers are seeing increased success in discharging their loans in bankruptcy court. That’s according to a report Sunday (Dec. 28) by The New York Times (NYT), citing a study by Jason Iuliano, a professor at the University of Utah’s S.J. Quinney College of...
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 and Workforce Committee, calls for caps on federal student loan borrowing, while also giving borrowers fewer options for income-driven repayment...
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 corporate defendants Sunrise Solutions USA LLC, Alumni Advantage LLC, Student Processing Center Group LLC, SPCTWO LLC and Accredit LLC, and...
Student loan assistance FinTech Paidly is expanding its platform following a new funding round. The Series A round — no dollar amount was given — came in the form of an investment from S30Build, Paidly said in a news release provided to PYMNTS Tuesday (Dec....
August 31, 2023
In the wake of the Supreme Court’s decision to block the federal student loan forgiveness plan, many of Generation Z’s recent college graduates will make their first student loan repayment in October. While millennials and Generation X still shoulder the brunt of the current $1.6 trillion student loan balance, younger Gen Zers will soon surpass […]
August 01, 2019
Call it the $1.6 trillion challenge. College is a rite of passage for some, a dream for others and a financial challenge for just about everyone who strives for a...
August 25, 2017
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 to market research provider Gallup’s...
March 28, 2017
Defaulting on student debt has never been a good idea. The collection process is intense and one’s credit rating will be utterly ravaged for a very long time. And if...
September 13, 2026
Millions of federal student loan borrowers are racing to pick new repayment options under the governmental rules. That’s according to a report Sunday (Sept. 13) from The Hill, which says borrowers on the now-defunct Biden-era SAVE Plan must choose a new repayment plan within 90 days of being notified, or automatically get transferred to an […]
December 28, 2025
Student loan borrowers are seeing increased success in discharging their loans in bankruptcy court. That’s according to a report Sunday (Dec. 28) by The New York Times (NYT), citing a...
April 29, 2025
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 and Workforce Committee, calls for...
March 28, 2025
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 corporate defendants Sunrise Solutions USA...