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Washington Post

Proposed tax for graduate students killed, student loan interest deduction saved in congressional bill
Washington Post
Senate and House Republican leaders have agreed to abandon many of the controversial proposals that higher-education leaders and students had rallied to thwart, according to congressional aides. Under the agreement, tuition waivers received by graduate ...

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Forbes

Wells Fargo's Shrinking Loan Portfolio Drags Down Market Share Of Largest US Banks
Forbes
The total loan portfolio of the five largest U.S. banks crossed $3.7 trillion for the first time in Q3 2017. However, outstanding loans for these banks have grown by just 1.8% over the last twelve months – a figure that is roughly half the 3.4% loan ...

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Save Money With the Right Student Loan Repayment Plan
Investopedia (blog)
Federal student loan borrowers face a bewildering array of repayment options for their loans. Up to eight different plans are available, depending on the type of loan, who borrowed the money (whether it was the student or a guardian), when the money ...

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ADB approves $506 mln loan to improve air quality in China
Reuters
BEIJING (Reuters) - The Asian Development Bank [ADB.UL] (ADB) approved a third loan, worth 428 million euros ($506 million), to help improve air quality in China's smoggiest region of Beijing-Tianjin-Hebei, it said in a statement on Thursday. The loan ...

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Bloomberg

New Investor Influx Fuels European Leveraged Loan Boom
Bloomberg
Fed by this deal flow, CLOs have flourished to 20 billion euros this year, the most in a decade -- yet their share of the market has fallen. Other fund investment formats, collectively described as “managed accounts”, have grown rapidly and now take an ...

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U.S. News & World Report

US States Sue Trump Administration for Not Granting Student-Loan Relief
U.S. News & World Report
FILE PHOTO: U.S. Education Secretary Betsy DeVos speaks at Harvard University's Kennedy School of Government in Cambridge, Massachusetts, U.S., September 28, 2017. REUTERS/Mary Schwalm Reuters. By Lisa Lambert. WASHINGTON (Reuters) - President Donald ...
Massachusetts AG Maura Healey sues Education Secretary Betsy DeVos over loan forgiveness for Corinthian Colleges ...MassLive.com
Some Charlotte School of Law students wrongly denied discharge of federal loans, NC AG's office saysABA Journal
Massachusetts Sues Betsy DeVos Over Student Loan ReliefNECN

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Business Insider

More people than ever are defaulting on student loans — and it could put the US economy at risk
Business Insider
At the end of the third quarter of the fiscal year, these nearly 5 million defaulters represent 22% of all Americans who were required to pay federal student loans. When a debt hasn't been paid for 90 days after a scheduled payment, the loan is ...

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Why Does the Trump Department of Education Hate Student Loan Debtors This Much?
HuffPost
In July of 2015 the Department of Education reached a published decision on how they would handle the discharge of student loans in bankruptcy cases. And while some have been awarded the discharge as outlined, many others have not. So when law ...



USA TODAY

Bad loans lurk under 'Christmas' wrap - USA Today
USA TODAY
Christmas loans are often simply payday loans, which carry hefty fees that translate into triple-digit interest rates.

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Wall Street Journal

State Attorneys General Sue Education Department Over Loan Forgiveness Delays
Wall Street Journal
Attorneys general from New York, California and other states filed a lawsuit alleging the U.S. Department of Education unlawfully pursued collecting loan payments from former students of now defunct Corinthian Colleges Inc. The suit filed Thursday in U ...


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