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On May 1, the U.S. District Court for the Northern District of Illinois ordered the former owner of a now-defunct debt-relief company to pay over $43 million in restitution and penalties.
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GOBankingRates on MSNBorrower Defense: What It Is and Who Qualifies for Relief?Borrower defense helps discharge student loans if your school engaged in misconduct. See if you're eligible and how to apply.
Since it's likely you'll either be moved to another payment plan or given a window of time to select a new repayment plan, ...
This week, the Department of Education began alerting around 195,000 defaulted borrowers that their federal benefits will be ...
By the end of summer, 5.3 million defaulted student loan borrowers may lose federal wages and benefits, the Department of ...
Now, approximately 1.8 million delinquent borrowers will be placed on repayment plans, and loans in default will be sent to ...
A growing number of Americans are asking to borrow money from others in order to pay down their student loans, amid ongoing economic uncertainty and the recent resumption in federal loan collections.
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