The Consumer Financial Protection Bureau wants to institute rules for certain non-bank loan servicers. What’s the likely result of the rules for borrowers and the industry?
Yale and other universities are suing graduates who did not pay back Perkins low-income student loans because the funds for new loans come from former students paying back their debts.
With interest rates on some student loans about to double, the Obama administration joins with colleges to provide clearer guidance on the real price of school.