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As a student loan company, CommonBond’s efforts to help employees pay down their student loan debt feel natural. In 2015, the company began offering up to $100 per month in student loan ...
Medix: Offers monthly contributions to student loan repayment. New York Life: Gives employees up to $170 per month for up to five years for student debt. Eligible workers can reduce their debt by ...
Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Unsourced material may be challenged and removed. Find sources: "List of companies convicted of felony offenses in the United States" – news · newspapers · books · scholar · JSTOR ( December 2011 ) ( Learn how and ...
For-profit colleges have a dubious track record in the student loan program. Students who attend for-profit colleges are more likely to obtain a federal loan than those who attend a public college.
The non-profit organization Student Debt Crisis along with Summer, a social impact startup that helps student debt holders published a national survey in 2018 that found 59% of respondents were prevented from making large purchases, 56% from buying a home, and 42% from buying a car. 58% reported that their credit scores had declined due to the ...
In 2018, the group joined the American Federation of Teachers to launch an investigation into the failure of the Public Service Loan Forgiveness program. [15] Over the course of three years, Student Borrower Protection Center supported litigation by teachers and uncovered evidence of government mismanagement and industry abuses across the student loan system, including evidence that Public ...
President Biden's order to forgive hundreds of billions in student loans does nothing to address the rising costs of higher education that caused all of that debt to pile up in the first place.
Specifically, the organization calls for the return of standard consumer protections to student loans, including bankruptcy protections and statutes of limitations. The organization also calls for the removal of exemptions given uniquely to the student loan industry from Fair Debt Collection Practices Act, the Truth in Lending Act, and state usury laws. [1]
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