The Government Makes a Profit on Defaulted Student Loans
The Federal government's unheard of profits on defaulted student loans confirms that the scheme is predatory. And defaults are set to rise.
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The Federal government's unheard of profits on defaulted student loans confirms that the scheme is predatory. And defaults are set to rise.
MADISON, Wis. – Attorney General Josh Kaul joined a coalition of 22 state attorneys general in submitting comments to the U.S. Department of Education in resp
The ruling is based on badly flawed reasoning, and may well be overturned on appeal. Even if it isn't, the plaintiff states have an obvious way to get around it.
This April, while hashing out the bill that reconciled differences between the House and Senate versions of health reform, lawmakers tossed in another overhaul as well. They completely remade the student loan industry.
Many lawyers begin their careers burdened with six-figure debts. A recent presidential executive order and a federal loan forgiveness program offer some relief.