Student loans

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with…

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

Student loan giant Navient has reached a $120 million settlement with the Consumer Financial Protection Bureau over its practices with…

Biden administration did not fast-track student loan relief before final rule: official

A senior Biden administration official says the U.S. Department of Education did not plan to begin forgiving up to $147…

Fahmi Quadir, short seller nicknamed ‘The Assassin,’ takes aim at for-profit college giant Adtalem

WASHINGTON — Short seller Fahmi Quadir has found her new target: The $2 billion market cap Adtalem Global Education, a…

Consumers starting to buckle for first time in a decade, former Walmart U.S. CEO Bill Simon warns

The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week,…

Student loan borrowers at risk of scams as payments restart, says FTC

Student loan payments are restarting in October after a pause of more than three years — and scammers are trying…

Student loan interest resumes Sept. 1. What that means for subsidized vs. unsubsidized debt

Interest will start accumulating on student loans again starting Sept. 1, following a pause on interest accrual that has lasted…

Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests

Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…

15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer

The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…

When student debt payments restart, your loan type will make a big difference

The looming end of a pandemic-era pause to student loan payments and interest puts a spotlight on a big difference…