Tuesday, August 26, 2014

Latest Student Debt News

Lowering Interest Rates on Loans Isn"t the Best Way to Help College Students

I know of no empirical study that estimates a causal relationship between college enrollment and the interest rate charged on student loans. While a field experiment would be most relevant for policy, even a lab experiment would reduce our ignorance …
Read more on New York Times


Corinthian Colleges, Hurting For Cash, Sells Student Loans

The CFPB has been investigating Corinthian over private student loan origination since 2012, as detailed in previous disclosures, and is just one of multiple federal and state agencies probing the company"s business practices — including allegations …
Read more on International Business Times


VSAC hangs on amid student-loan shifts

Last week, VSAC dodged another bullet when the U.S. Department of Education announced that it could continue servicing federal student loans. Maintaining and growing that function is a key part of VSAC"s vision for staying viable as a nonprofit …
Read more on BurlingtonFreePress.com



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