The Sundial

Congress’ new student loan plan contingent on the market

Congress’ new student loan plan contingent on the market
Alysha Garrett-Byrd August 27, 2013

Congress recently approved a plan that will amend the federal student loan interest rates from a fixed percentage to a rate that fluctuates with the market. The approved plan, the Bipartisan Student Loan...

Student loan debt collectors may lose out on commission rates

Jason Gallaher April 3, 2013

Private collection agencies and the U.S. Department of Education remain unclear about the specifics on their new contract conditions that began in March to limit private debt collection agency commissions. According...

Senators reintroduce legislation to make private student loans forgivable in bankruptcy discharge

Senators reintroduce legislation to make private student loans forgivable in bankruptcy discharge
Jason Gallaher February 12, 2013

Six senators from the Midwest and East Coast have reintroduced legislation to forgive private student loan debt when an individual files for bankruptcy protection. The Fairness for Struggling Students...

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