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This report is the result of an investigation revealing that public colleges and universities nationwide are driving students toward expensive, predatory student debt. The report highlights how this practice is particularly prevalent at short-term, non-degree granting “bootcamp” programs,...
Persistent link: https://www.econbiz.de/10013222279
With more than $1.7 trillion dollars in outstanding balances, student loan debt is the second largest class of consumer credit in the country, and it is rapidly growing. This crisis is fueled by a broken debt-financed higher education system that punishes borrowers for pursuing the American...
Persistent link: https://www.econbiz.de/10013247581
There is a little-discussed type of student debt hanging over the heads of millions of Americans. These debts often come in small amounts. A few hundred here. A few thousand there. These are debts that students and former students owe directly to their schools, for everything from unpaid library...
Persistent link: https://www.econbiz.de/10013247582
The Student Borrower Protection Center and Credit Builders Alliance examined how borrowers with different levels of student debt repay common financial products—credit cards, mortgages, and auto loans—to determine the added cost to each borrower for owing student loans. Specifically, this...
Persistent link: https://www.econbiz.de/10013249906
Today, borrowers in courtrooms across the country are being sued for faulty or unsubstantiated private student loan debt. This is because predatory creditors are abusing the court system and intimidating people to pay debts they do not owe. The following report from the SBPC, the Maryland...
Persistent link: https://www.econbiz.de/10013249951