Good news: If you have private student loans from the now-defunct ITT Technical schools, your loans have been canceled. Bad news: You may owe taxes, as the IRS views the loans as income. Pennsylvania’s attorney general in June announced a … Continue reading →
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The Alameda County Superior Court has partnered with a debt collections firm to provide new payment options for people with outstanding traffic fines, court officials announced Monday. Effective July 1, the partnership between the court and Linebarger Goggan Blair & … Continue reading →
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Energy and Commerce Chairman Frank Pallone, Jr. and Ranking Member Greg Walden have unveiled the bipartisan Stopping Bad Robocalls Act. “Americans deserve to be free of the daily danger and harassment of robocalls,” Pallone and Walden said in a statement. … Continue reading →
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Financial regulators have spent centuries working on ways to contain banks, making sure their services are fair and they won’t crash the economy. As big technologies companies like Facebook and Tencent tread deeper into finance, these watchdogs are going to … Continue reading →
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Julie Margetta Morgan discusses the student debt crisis If you read much about the federal budget, a trillion and a half dollars may not phase you. But that’s not the federal debt, it’s the total student debt held by millions … Continue reading →
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WASHINGTON — Consumer borrowing accelerated in April to the fastest pace in five months as a rebound in credit card use offset slower demand for auto and student loans. Borrowing increased by $17.5 billion, the Federal Reserve said Friday. That … Continue reading →
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Quest, a medical testing company headquartered in Secaucus, N.J., said information regarding 11.9 million patients may have been accessed. The subcontractor, American Medical Collection Agency (AMCA), told Quest that the information included financial data, Social Security numbers, and personal medical … Continue reading →
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Erza Bobo, a 21-year-old student at the Culinary Institute of America in Hyde Park, NY, balances classes with serving as a resident assistant and working at two local restaurants. Yet it’s not enough to make ends meet. In addition to … Continue reading →
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(Reuters) – Former students at ITT Technical Institute will not have to pay $168 million they still owe on private loans from an affiliated lender to attend the now-defunct for-profit college, under a U.S. regulatory settlement announced on Friday. Student … Continue reading →
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Attorney General Andy Beshear has announced that the OAG’s Office of Consumer Protection has secured $2.2 million in student loan debt relief for 325 former Kentucky students of the failed for-profit college ITT Tech. Beshear Beshear’s office and 10 other … Continue reading →
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