More Student Loans Articles

  • Madigan suing student loan debt repayment companies

    CHICAGO (Legal Newsline) – Illinois Attorney General Lisa Madigan filed lawsuits on Monday against two student loan debt repayment companies that allegedly charged large upfront fees for bogus services. The Chicago-based First American Tax Defense LLC and the Frisco, Texas-based...

  • Illinois AG sues, alleging student loan debt scams

    CHICAGO (AP) — Illinois Attorney General Lisa Madigan filed lawsuits Monday against two companies she says are scamming people who are paying student loan debts. The lawsuits, filed in Cook and Champaign counties, alleged "deceptive practices" for charging up-front fees for phony services or...

  • Student loan interest rates to increase

    WASHINGTON (AP) — Interest rates go up Tuesday for students taking out new federal loans. This hike is relatively minimal but could foreshadow more increases to come. The change stems from a high-profile, bipartisan deal brokered last year by Congress and signed by President Barack Obama that...

  • Obama's deficient plan for student loans

    The government normally doesn't care whether you or I accumulate large bills for home improvement, a new car or exotic vacations. But President Obama feels no hesitation in concluding that the cost of higher education has placed "too big a debt load on too many young people." Therefore,...

  • How much do you know about the student loan boom?

    With overall student debt in the U.S. at more than $1 trillion, many lawmakers are pushing legislation to lower graduates' repayment costs. President Obama recently expanded a federal program to cap borrowers' interest payments, while a measure to change interest rates on loans has stalled in...

  • Five times that President Obama went around Congress

    Once again, President Obama has cheered supporters by bypassing Congress. Gay and lesbian rights groups are celebrating news that Obama plans to sign an executive order barring federal contractors from hiring or firing employees based on their sexual orientation or gender identity. Obama's...



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