Michigan Joins Other States Going After Student Loan Servicer
Michigan is joining 30 other states in going after student loan servicer Navient. The state claims "Navient hurt borrowers by engaging in deceptive practices".
student loans
Michigan ITT Tech Students Will Receive $15 Million in Debt Relief
It's part of a multi-state settlement against the now-bankrupt and defunct ITT Techincal Institute.
U.S. Rep. Dan Kildee Calls for Congress to Freeze Interest Rates on Student Loans
Michigan Congressman Dan Kildee has renewed his call for Congress to take action on his legislation to freeze student loan interest rates at 3.4 percent until 2015.
On July 1st, interest rates on new federally subsidized Stafford loans doubled to 6...
Parents Are Taking Out Student Loans for Kindergarten
Parents taking out a crippling loan to ensure that their child has a good education is nothing new. However, they usually wait until the child is in a grade that doesn’t have a finger painting class before they start slowly going into debt.
Senior Citizens Are Stuck with $36 Billion in Student Loans — Dollars and Sense
While educational debt is generally thought to be the problem of younger people, new data from the Federal Reserve Bank of New York reveals a startling fact: Americans ages 60 and over collectively owe $36 billion in student loans.