Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
Education Dept. Wants to Rescind Protections Against Predatory For-Profit Schools
By Bernice NapachThe agency wants to eliminate a rule that raised the standards for for-profit schools participating in federal aid programs.
August 01, 2018
Wells Fargo to Pay $2.09 Billion to End U.S. Mortgage ProbeInvestors suffered billions of dollars in losses on securities that contained the debts.
July 27, 2018
How Collateralized Loans Can Help Clients Satisfy Short-Term Capital NeedsA long-term financial plan doesn't have to get derailed when life presents emergency capital needs.
July 26, 2018
Education Department Wants to Limit Debt Relief for Defrauded StudentsThe departments proposal would require, among other things, that students prove institutions intended to defraud borrowers.
July 25, 2018
US Personal Loans Surge to a Record HighTransUnion reports that personal loans rose about 18% in Q1 and are now the fastest growing U.S. consumer-lending category.
July 19, 2018
16 States Blast DeVos Over Third Delay of For-Profit College RulesThe delay of disclosure requirements is "an abrogation of the department's responsibility to protect students and taxpayers," the AGs write.
July 16, 2018
Parents Owe More in Student Loans Than Their KidsA new report from Savingforcollege.com shows that as students max out on their college loans, their parents are picking up the slack.
July 13, 2018
Wells Fargo Misses Earnings Estimates, Reports $114M Wealth-Unit RefundNet income retreats 11% to $5.2 billion; bank's average loans in quarter lowest in more than two years.