As you can imagine, this is a complex problem. On one hand you have the issue that the kids were clearly victims of identity theft. On the other hand it appears they received the benefit from the loans.
According to public data, it looks like International Academy of Design and Technology may have lied and misled you to encourage you to enroll. Government data doesn't show fantastic graduation rates.
Much has been said about the need for better information on college outcomes. Especially in an era of spiraling college costs and rising debt, it is more important than ever for students to be able to understand their return on investment - and thus, the theory goes, make better decisions.
As a consumer debt expert for decades I've developed a pretty good sense of reading the tea leaves of debt. Sometimes this means making some sense out of puzzle pieces well in advance of assembly.
You have many important decisions ahead of you. Ask for help. Do your research before you make these critical choices. The path you choose will impact you for many years to come.
If you're looking into refinancing your student loans, one of the big decisions to make is choosing between variable and fixed rate loans. There are several factors to keep in mind when making that choice that aren't immediately obvious, so let's break them down one at a time
With so many low-income Americans struggling to find jobs, keep their homes, and supply basic needs for their families, the need for public interest lawyers has never been greater. These attorneys play a vital role in ensuring equality within the justice system in America
Without Congressional action, the expiration for one of our country's oldest and furthest-reaching student loan program is only days away. Some of the over 1500 participating institutions and 500,000 students will be hurt more than others.
As the presidential campaigning continues, an issue that is fast-becoming a central component of the election has been the question of how to curb b...
Everyone's different. Different personalities. Different goals. As with everything else, having a healthy financial life can look different for everyone. To find the budget style that's best for you, start by writing down all the elements of your finances:
Governor Brown could bring some additional help to Corinthian victims if, by October 11, he signs a bill currently on his desk.
It's the question that's on everyone's mind... Is college really worth it? With the average price of a four-year degree costing $150,000 and only half of grads actually using them, it's no wonder why the value of a college education has come under scrutiny.
While we're far away from an ideal situation for students to affordably fund their college educations, and ultimately their future professional dreams, there are many things female students can do to make the best of a bad situation.
Stop minimizing student loan debt as an issue. Stop looking at students as numbers in an excel spreadsheet that can be sliced, diced, segmented, and silenced. Stop pretending like America isn't profiting off the backs of its youngest and most vulnerable workforce.
If you are coming up a little short on funds to pay this semester's tuition bill, you may be looking for last-minute student loans to help fill the gap. Before resorting to high-cost private loans, make sure you have first exhausted all of your federal loan opportunities.
Don't believe the lies told today by those who seek to pit the young against the old in order to avoid paying their fair share. As the wealthiest nation on Earth at the wealthiest moment in our history, we can afford more spending on the young and the old.