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Getting a divorce can be a stressful and painful process that becomes aggravated when it comes to deciding who is responsible for student loan debt. As student loan repayments begin, divorcing ...
The Trump administration is gearing up for major changes to the Department of Education, which, among its other functions, oversees a $1.6 trillion portfolio of student loans -- the third largest ...
The Department of Education dropped ACS’ loan servicing contract in 2013, though ACS continued to service some Federal Family Education Loans (FFEL), Perkins Loans and private student loans. ACS ...
Instead loans will be administered directly by the Department of Education. [25] Increasing the Pell Grant scholarship award. For new borrowers of loans starting in 2014, those who qualify would be able to cap the amount they must spend on loan repayment each month to 10% of their discretionary income, down from 15%. [24]
EdFund is a nonprofit corporation founded by the California Student Aid Commission on January 1, 1997. EdFund was organized as a 501(c)(3) public benefit corporation pursuant to legislation authorizing the Commission to establish a nonprofit auxiliary to administer all activities associated with its participation in the federal student loan program.
The California Health and Human Services Agency (CHHS) is the state agency tasked with administration and oversight of "state and federal programs for health care, social services, public assistance and rehabilitation" in the U.S. state of California.
The action doesn’t affect student loans issued by private lenders, just the ones directly from the federal government. But private loans make up less than 10% of total student loan debt in the U.S.
A California woman with more than $350,000 in student debt served as her own lawyer in personal bankruptcy and saw 98% of her loans discharged in the latest case in a growing trend.. Court filings ...