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...
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...
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...