News & Policy

Student Loan News: Lawmakers Sweat CFPB; Taylor Swift Helps a Fan

Welcome to Student Loan News, a weekly summary of developments and events affecting college debt in the U.S. Join us each Friday for a look at goings-on that could impact your own student loan situation. House leaders want answers from CFPB, Dept. of Education A trio of House committee chairs have fired off letters to …

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Study: Undergrad Student Loan Borrowing Down More Than $15 Billion in 5 Years

With tuition costs rising year after year, you might think undergrad student loan borrowing would be rising along with it. But according to a new Student Loan Hero study, students today aren’t taking out as many federal student loans — which account for about 85% of all student loans — as they were five years …

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Mass Student Loan Forgiveness Programs: Would They Work? 4 Experts Weigh In

If you’ve got a lot of student loan debt, you’ve probably dreamed about mass forgiveness of all student loans. And that dream has never felt so close, since Democratic presidential candidates Sens. Elizabeth Warren and Bernie Sanders have each proposed a mass cancellation of America’s student loan debt. Warren was the first to unveil her …

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Student Loan News: You Must Finish Your FAFSA, Or Else …

Welcome to Student Loan News, a weekly summary of developments and events affecting college debt in the U.S. Join us each Friday for a look at goings-on that could impact your own student loan situation. Illinois joins FAFSA-mandatory states Every year, college students walk away from valuable financial aid funds because they fail to fill …

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Student Loan News: Government Says It’s Getting Scammed

Welcome to Student Loan News, a weekly summary of developments and events affecting college debt in the U.S. Join us each Friday for a look at goings-on that could impact your own student loan situation. Harris, others detail student debt proposals With the 2020 presidential primaries drawing closer each day, the candidates’ positions on the …

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Student Loan News: Student Loan 401(k) Match Rules Remain Elusive

Welcome to Student Loan News, a weekly summary of developments and events affecting college debt in the U.S. Join us each Friday for a look at goings-on that could impact your own student loan situation. Still no rules for student loan 401(k) match A 401(k) plan might be of little use if you need every …

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Student Loan News: FTC Alleges Massive Student Loan Scam

Welcome to Student Loan News, a weekly summary of developments and events affecting college debt in the U.S. Join us each Friday for a look at goings-on that could impact your own student loan situation. Scammers stole $23 million from borrowers, FTC says The Federal Trade Commission announced last week it had shut down an …

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can-you-be-arrested-for-not-paying-student-loans

Can You Go To Jail for Not Paying Student Loans?

Imagine this: you’re lounging around at home one weekend day when you hear a knock on your door. Outside are seven armed U.S. Marshals waiting to take you to prison. But you’re not a criminal. You haven’t done anything wrong — except for not paying your student loans. But really, can you go to jail …

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Presidential Candidates on Student Loans: The Complete 2020 Guide

With college costs spiraling out of control and Americans owing more student loans than ever before, college affordability and student loan debt reform have become hot-button topics among the 2020 presidential candidates. And the issue is definitely an urgent one: J.P. Morgan estimates four years at a private college could cost roughly half a million …

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Student Loan News: Action in the States; Teachers Sue Over PSLF

Welcome to Student Loan News, a weekly summary of developments and events affecting college debt in the U.S. Join us each Friday for a look at goings-on that could impact your own student loan situation. States (and schools) fight the student debt crisis Let’s check back in on the state governments and their efforts to …

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