Obama Administration Hits Back at Student Debtors Seeking Relief

Mar 1, 2014 | | Say something

Obama Administration Hits Back at Student Debtors Seeking Relief
Lawmakers have never defined undue hardship, though, so courts have tried to work out exactly how poor Americans need to be—and for how long—in order to qualify for student loan forgiveness. The Department of Education has been successful at …
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The Delinquent Borrowers Leading a Student Loans Revolt
When the U.S. Department of Education announced in June the creation of a formal process for students defrauded by their college or university to seek loan forgiveness, it was a victory for the activist group Debt Collective. The impact of the policy …
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Colleges may have to return Perkins loan program money
Perkins loans carry an interest rate of 5% and repayment is delayed until nine months after a student leaves school. Graduates who choose public service careers such as law enforcement, teaching or as a public defender are eligible for loan forgiveness …
Read more on USA TODAY

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