Student loan services screwing 30 percent more troops and counting

When will the loan servicers stop the nonsense? Why isn’t the Department of Education holding their feet to the fire? Consider this.  The Department of Justice (Justice, not Education), documented that Sallie Mae has been overcharging interest to active duty members of the military since 2005, in violation of the servicemembers Civil Relief

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Making Student Loan Servicing Work for Borrowers

The Consumer Financial Protection Bureau (CFPB) asked for comments on student loan servicing a few months ago.  Thousands of borrowers and their advocates responded before yesterday’s deadline, highlighting again and again that the current system does not work well for borrowers and is not created to ensure that borrowers have

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How to Get Financial Aid as an International Student

Many colleges in the United States are making a big push to recruit international students to come and study. The sad truth is that this isn’t always an effort to diversify the campus. At some colleges, this is done to bring in more money. Unfortunately, international students often pay a

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