Rule Rollback Won’t Keep Defrauded Student Borrowers From Loan Forgiveness

Borrower defense to repayment is a federal student loan forgiveness program for borrowers whose schools violated certain laws or defrauded or misled students. For example, a federal court found that the now-defunct Corinthian Colleges engaged in deceptive practices such as advertising programs the schools didn’t offer and false job placement rates. Fifteen thousand forgiveness claims from Corinthian students had been approved as of October 2016.

[…] Read more

Budgeting for College Students: Where to Start

Whether your funds come from family, student loans, scholarships or your own wallet, you’ll need to budget for expenses like textbooks, housing and, yes, a social life. Knowing who’s footing the bill, what costs to expect and which ones you can live without — ideally before school starts — can reduce stress and help you form healthy financial habits for the future.
[…] Read more