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Inside Higher Ed

Trump administration seeks comment on student loan bankruptcy ...
Inside Higher Ed
Education Department signals interest in revisiting rules making student loans eligible for bankruptcy -- a priority for some Democrats and consumer groups.

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Traverse City Record Eagle

Group looks to reap loan support
Traverse City Record Eagle
Young hopes Grand Traverse County Commissioners give serious consideration to his company's request for a loan to bolster that work. Commissioners are expected to consider a Food For Thought application for a $245,000 loan through the state Community ...



The Detroit News

Car-loan rates expected to rise
The Detroit News
Washington — Concern about potential inflation in the U.S. economy has sparked concern that auto-loan interest rates could spike at a time when domestic car sales have already been sluggish. The Federal Reserve raised the interest rate that banks ...



CNBC

Trump administration may make it easier to wipe out student debt in bankruptcy
CNBC
Meanwhile, college-loan balances in the United States have jumped to an all-time high of $1.4 trillion, according to Experian. The average outstanding balance is $34,144, up 62 percent over the last 10 years. Roughly 4.6 million borrowers were in ...

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New York Magazine

Mueller asking if Manafort promised banker White House job in return for loans
NBCNews.com
Federal investigators are probing whether former Trump campaign chair Paul Manafort promised a Chicago banker a job in the Trump White House in return for $16 million in home loans, two people with direct knowledge of the matter told NBC News. Manafort ...
Mueller Investigating Whether Manafort Promised a White House Job in Exchange for a Personal LoanNew York Magazine
Special counsel probing whether Manafort promised Chicago banker White House job in exchange for home loansChicago Tribune
Feds probing whether Manafort sold White House gig for loansNew York Post

all 16 news articles »


MarketWatch

Student loan borrowers with high debts aren't making progress repaying them
MarketWatch
The share of student loan borrowers owing more than $50,000 jumped from just 2% in 1990 to 17% by 2014, according to a new paper published by The Brookings Institution. The paper, authored by Adam Looney, a former Treasury Department official and ...



Student Loan Hero (blog)

Can Your High Schooler Answer These 6 Interest Rate Questions?
Student Loan Hero (blog)
That's often done in monthly installments, which are more affordable than repaying the loan at once. “It is imperative that a student understands loans are not free money but money that has to be paid back at a later time with interest,” said Ivette ...
10 Questions to Ask Before Taking Out Student LoansUloop News

all 2 news articles »


Vox

Paul Manafort got $16 million in loans after the election. Mueller finds that very interesting.
Vox
Mueller alluded to the loans in a court filing Friday, during deliberations over Manafort's bail package. He wrote that he'd learned of “additional criminal conduct” from Manafort, including “a series of bank frauds and bank fraud conspiracies.” And he ...

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TechCrunch

Anyfin bags €4.8M Series A to let you refinance your existing loans by taking a photo
TechCrunch
Anyfin, a startup based in Sweden that easily enables you to refinance your existing loans, including by taking a photo, has picked up €4.8 million in Series A investment. The round is co-led by Accel, and Northzone, with participation from Rocket ...

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Forbes

Taxpayers May Lose On High-Balance Student Loans
Forbes
Just 14% of all federal student loan borrowers have balances above $50,000, and the majority of those individuals borrowed to pursue expensive graduate degrees. Despite their relative rarity, high-balance borrowers deserve our attention for the risk ...

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