California May Join List of States With “Student Borrower Bill of Rights”

California may be about to become the newest in a growing number of states to have passed a “Student Borrower’s Bill of Rights.” About 3.2 million Californians currently owe a total of $133 billion in outstanding student loan debt. Nationally, the average balance for those who owe student loans is $37,429. One out of every […]

Feds May Crack Down on Student Loan Fraud

This here is why we can’t have nice things. At least two of ‘y’all tried to reduce your monthly student loan payments by reporting a household size of 93. And the federal General Accounting Office is calling BS. That’s one of the more egregious findings from a recent GAO report. The gist: Thousands of student […]

Disabled Veterans May Receive Automatic Student Loan Forgiveness Under New Bill

‘FREED Vets Act’ Would Provide Average Benefit of $24,000 in Loan Forgiveness Per Eligible Disabled Veteran Nearly 34,000 disabled veterans may receive automatic and total forgiveness for federally-guaranteed student loans. That’s the object of new legislation introduced in the House. The bill, entitled the Federally Requiring Education Debt Discharges for Veterans Act, or FREED Vets […]

Kamala Harris on Student Loan Debt

Kamala Harris on Student Loan Debt By most polls, California Senator and former state attorney general Kamala Harris is currently running third in the Democratic primary. She’s behind former Vice President Biden and Senator Bernie Sanders. She’s ahead of Massachusetts Senator Elizabeth Warren in some polls and behind in others.  We tackled Biden’s track long […]

Student Loan Tax Elimination Act Introduced in Senate

A new bill in the Senate, the Student Loan Tax Elimination Act, would eliminate student loan origination fees on federal loans. If approved, the measure could save borrowers billions over the next five years. Supporters say that origination fees on student loans amount to a “hidden tax” on student loan borrowers. And since the Department […]

The Trump Student Loan Plan – What It Could Mean For You

The Trump Administration released a series of education reform proposals this week that, if enacted, could have a substantial impact on college-bound students and student loan borrowers. The White House released the proposal as Congress prepares to reauthorize and amend the Higher Education Act. Both the Administration and Congress are grappling with a huge and […]