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Forbes

Nonsensical State Laws Yank Licenses From Student Loan Defaulters
Forbes
State governments do many silly things. Writing in USA Today, Jarrett Dieterle and Shoshana Weissmann bring attention to one of the absolute silliest: in 18 states, workers can have their professional licenses revoked if they default on their student ...



The Hill

Bill to protect work licenses of student loan debtors is welcome development
The Hill
Americans owe nearly $1.5 trillion in student loans, with the average borrower owing around $30,000. Unfortunately, because of a number of factors, about 5 million Americans are in default on those loans. Worse still, a perverse policy underlying many ...



Inside Higher Ed

Digging Deeper on Student Loan Default Rates
Inside Higher Ed
Federal data released last year revealed a student-loan default crisis among borrowers who are black or who attended for-profit colleges, with roughly half of both groups defaulting within 12 years after first enrolling in college. Borrowers often ...



The MReport

Why Citigroup's Loan Portfolio Is Growing Faster Than Its Peers
Forbes
Citigroup reported an increase in its total loan portfolio from $623 billion in Q1 2017 to $668 billion in Q1 2018 – a jump of 7.2%. This compares with the average loan growth figure of 4.7% across the U.S. banking industry over this period. With the ...
Stress Tests: How Will Mortgage Loans Impact Bank Losses?The MReport

all 3 news articles »


cleveland.com

Coalition says amendment would gut payday loan bill: Capitol Letter
cleveland.com
Payday slay: Advocates of a payday loan industry clampdown said Thursday they were unsatisfied with Sen. Matt Huffman's proposed amendment to House Bill 123, cleveland.com's Laura Hancock reports. The soonest the Senate Finance Committee could ...

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GlobeNewswire (press release)

Cannabis Consortium Secures Loan for $1 Million
GlobeNewswire (press release)
COCONUT CREEK, Fla., June 22, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- Bahamas Development Corporation (OTCPINK:BDCI) subsidiary company Global Consortium, Inc., f/k/a Cannabis Consortium, has secured a non-convertible loan for $1 ...



HuffPost

I Couldn't Afford To Pay My Student Loans. Then I Received A Warrant For My Arrest.
HuffPost
The warrant was related to my unpaid student loans from Boston University, in a last effort from the collections company to force me to appear in court and to make payments. If I didn't address the warrant, the danger of being arrested could become ...

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Forbes

How To Save $1000 On Your Student Loans
Forbes
This one student loan hack will get you there. Here's what you need to know and how to start saving. Student Loan Debt: Overview. If you are one of more than 44 million borrowers who collectively owe more than $1.5 trillion in student loan debt, then ...
Consumer Debt Outlook for June 2018 | LendingTreeLending Tree

all 12 news articles »


Washington Post

Democratic senators blast DeVos for mishandling a temporary expansion of loan forgiveness for public servants
Washington Post
The U.S. Department of Education has failed to create a simple and fair process for social workers, police officers and other public servants seeking federal student loan forgiveness through a temporary program, Senate Democrats say. This week, liberal ...



Charleston Gazette-Mail

Loan to WV barrel company set again for final approval
Charleston Gazette-Mail
The company had originally received preliminary approval for the loan in October, the same day it announced the project that is supposed to bring dozens of jobs to Greenbrier County. That designation expired for the company in May, so the company had ...


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