STUDENT LOAN LENDING PRACTICES
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Student Loan Reform Law: What it Means for College StudentsMillions of college students want to know what impact the new student loan reform law will have on their college money and on current lending practices. Here are highlights of the new law along with information on how it actually affects students.
How the New Student Loan Legislation Will Affect My EducationThe new legislation will increase Pell Grants (need based), provide income repayments, and help take away the profit that banks were making by issuing government loans.
Students Reimbursed from National Student Loan ScandalCompanies on "Preferred Lender" lists are caught paying kickbacks to school student loan officers. Education Finance Partners agrees to pay $2.5M and adopt Cuomo's code of conduct to end investigation.- Stealing from Our Children: Why You Should Be Outraged Over the Student Loan ScandalSome of America's leading student loan lenders, like Sallie Mae and Citigroup, have been accused of illegal lending practices. Should we really let some greedy executives gamble with our children's futures for the sake of improving their bottom line?
- Student Loan GPA Requirements Undermine Higher EducationA brief explanation on how a GPA requirement for student loans works against college students.
- Student Loan Lender MyRichUncle - Its Name is the Greatest AssetMyRichUncle, a seven year old New York student lender has It's name as the greatest assets. It's one of the five fastest publicly held education finance companies.
- Student Debtor Revolt Could Collapse Loan IndustryA new student debtor revolt is gearing up toward trying to collapse the entire student loan industry and forcing Congress back to the drawing board toward helping taxpayers and students alike.
- Big Reform in the Student Aid IndustryA guide to the changes made in the Student Aid Fiscal Responsibility (SAFRA) act. Describes how the new bill will affect existing and new student borrowers.
- One Student's Experience with the Student Loan Consolidation ProcessRecount of how one student tried to consolidate her federal and private student loans.
- Student Loans in a RecessionThe recent recession has affected many sectors in the economy, but one sector that is not getting the attention it deserves is that of student loans. Get a good deal on student loans and financial aid without paying high interest!
- The Evils of Predatory Lending in Student LoansPredatory lending is becoming increasingly more common in the student loan sector. This article discusses the problems associated with this type of lending.
- How Consolidation Centers Assist with Student LoansAn overview of some of the services and benefits offered by student loan consolidation centers.
- Loss of Innocence: Universities and Student LoansStudent loans offer students a chance to pursue their dreams. Budget shortfalls, rising interest rates and a chronic shortage of students have led to an unsettling coziness between lenders and Colleges that may not be in the best interest of the student.
- The Harsh Reality: College Student Loans Are Brutal!College loans are often predatory, unethical and saddle borrowers with a debt they cannot overcome. Credit ratings are ruined, job prospects are lost and borrowers are left doing no better than their high-school counterparts.
- Till Death Do Us PartStudents are increasing their student loan borrowing, drowning deeper and deeper into debt.
Predatory Loan Practices Counter Faith ProhibitionsMinisters teach to be careful with money, not to borrow what you can't pay back and to be a careful steward as well as generous. Still many evangelicals are involved with payday loans that counter Biblical teachings.- How Obama Should Handle Bailouts for GM, Evergreen Solar and Sallie MaeWith corporations profiting from their decisions all this time, from this day forward, may the strongest survive.
- Placing Grade Incentives or Requirements on Student Loans is a Terrible IdeaEducation is perhaps the most important element on modern human development and survival in the technical age that we live in. It has been shown statistically, that those who are more educated tend to earn more money, and have a higher quality of living t
- Missouri Continues to Inform Students About College LoansThe Missouri Attorney General is continuing to work with schools over providing students with loan information.
- Credit Industry Needs a Wake Up CallWith big banks announcing new fees on customers faster than you can say “bailout,” and with the Occupy Wall Street protests in full swing, it’s suddenly become clear that Americans’ relationship with the credit industry is at a breaking point.
Where's the Academics in Higher Education?The high cost of college and our economy are linked together- Is Higher Education Worth the Financial Gamble?The days of an expensive college degree guaranteeing you a long and fruitful financial future are long gone...
- The 4 Steps to Teaching a Young Adult Financial LiteracyFinancial literacy, oddly enough, isn't on the curriculum for most U.S. households or schools. The result: fiscally-irresponsible adults. Parents, however, can prevent their kids from learning financial lessons the hard way with this four-step guide.
- The Effects of the Economic Crisis on Young PeopleThe current economic crisis may seem abstract and distant to some, but it cannot be more immediate and pressing for young people in their early twenties. Mr. Stolyarov hopes to convey some understanding of the experiences faced by this group of people.
- 56 Years After Brown V. Board of Education: A Trend Towards Resegregation?A series of Supreme Court decisions in the 1990s helped push the country away from Brown's celebrated ideals, while closer to the old idea of "separate but equal," the dissolution of these desegregation orders and a return to patterns of segregation.
- How Can More Regulations Possibly Solve the Economic and Housing Crises?With the government's overreaction to the financial crisis, there are thousands of pages of new regulations covering every aspect of the financial sector.
- Why Americans Are Partially Responsible for the Economic Collapse of 2008This article explains how Americans are partially responsible for the economic collapse of 2008.
Why Consumers Should Care About the Consumer Financial Protection BureauCreated to protect against abusive financial practices and products, consumers should have their ears perked for the biggest powerhouse for consumer rights Washington has ever seen -- the Consumer Financial Protection Bureau.- Banks Paying Colleges for Students Who Rack Up DebtBanks encourage students to rack up debt while still in college by givng kick backs to colleges, universities and alumnis...
- Rent an Apartment or Buy a House?Our life changes, and as life changes, what we decide to make our home and where we choose to live changes from year to year. But, before making any hardcore decisions, here are some simple things that you may want to think about...
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