Educational News

Source-site A major student loan refinancing company has joined the chorus of voices calling for broad-based student loan forgiveness as millions of borrowers brace for the end of the pandemic payment pause. “This is classic leadership by indecision — and it’s exactly…

Source-site SoFi is one of the private student lenders lobbying to stop, or at least curtail, the pandemic-related moratorium on federal student loan payments that is now stretching into a third year. | Justin Sullivan/Getty Images Private student lenders are…

Source-site Credit reporting agency TransUnion South Africa is currently in an ongoing battle with a hacker group demanding a $15 million (R225 million) ransom over four terabytes of compromised data. The hacker group, going by the name N4aughtysecTU, which claims…

Source-site A stealth tax on students in England, said Labour of the government’s planned reforms of student financing, and that is indeed what it amounts to. A complicated one, for sure, with some sugar to help the medicine go down. Annual fees will…

Source-site On February 14, the Consumer Financial Protection Bureau (CFPB) updated its Supervision and Examinations Manual to reflect changes it made to the Remittance Transfer Rule (Rule) in a final rule published on June 5, 2020. The changes made to Subpart B of Regulation…

Source-site In a new blog post today, the CFPB signaled that it intends to increase its focus on the auto lending market. The bureau noted that prices for new and used cars have increased significantly over the last year, and that “we…

Source-site On January 26, 2022, the Consumer Financial Protection Bureau (CFPB) issued a Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products or Services (RFI). In the RFI, the CFPB seeks public feedback regarding fees that are…

Source-site In a blog post, the CFPB reported that the Department of Veterans Affairs (VA) has announced a change to when it will report information on outstanding medical bills to consumer reporting companies. Under the new VA rule, the VA…

Source-site Democrats tweet that student loans should be cancelled, but opponents say student loan forgiveness has major problems. Here’s what you need to know. Student Loans Another week and another day in which a progressive member of Congress tweets at…