Being Unable To Pay Back Student Loans Back Has Become The New NormalHalf of the students at 1,000 colleges and trade schools have defaulted or failed to pay even $1 of their principal loan within 7 years.
Everest, Wyotech Students Getting Debt ReliefStudents who attended Everest and Wyotech colleges in California or attended online programs at Everest nationwide will now have an easier time obtaining debt relief, state and federal officials announced Tuesday.
The President’s Student Aid Bill Of Rights – Does It Go Far Enough?The Student Aid Bill of Rights is President Obama's latest effort to improve the student lending experience. The measure is not a cure all, but it’s a start.
Corinthian College Student With $30,000 In Loans Refuses To Pay, Takes Part In Debt StrikeMakenzie Vasquez never thought she would still be wearing a waitress uniform, two years after she enrolled to become a medical assistant.
Feds Sue Debt Collection Agency For Deceptively Using CA District Attorney Seals On Letters To DebtorsA lawsuit filed in federal court in San Francisco is trying to stop a debt collection company from using the seal and letterhead of California district attorneys to go after people who owe money.
Campaign To Reduce Student Loan Debt Kicks Off In Oakland The "Degrees Not Debt" campaign kicked-off this week at Oakland's La Escuelita Elementary School. The national campaign by the National Education Association seeks to reduce student loan debt.
U.S. Auto Loans Soar To Highest In 8 yearsU.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers.
Bay Area Bryman For-Profit Colleges Close With Little Notice To StudentsBryman College Monday closed BioHealth College in San Jose and its other for-profit colleges in Hayward, Los Angeles, San Francisco and San Jose, according to the California Bureau of Private Postsecondary Education.
Students Could Find Debt Relief In Program Expanded By President ObamaUp to 5 million Americans struggling to make their monthly student loan payments could find relief under a program President Barack Obama expanded Monday, part of an election-year push by Democrats to paint Republicans as blocking common-sense steps that could help the middle class.
Coliseum Authority Claims A’s Wanted Debts Written Off As Negotiations Sour After word of Tuesday night's rejection from the A's on a 10-year lease proposal to stay in Oakland, the Coliseum Authority is speaking out about about a debt they claim the team wants to be written off.
Task Force: Accounting Tricks Mean Impending California Budget DoomCalifornia and other states need to start being honest about their budgets and future liabilities, or face a terrible reckoning a generation from now, that according to the State Budget Crisis Task Force.
Gov. Brown Reportedly Proposing To Pay Down $11B In State DebtGov. Jerry Brown's budget for the coming fiscal year calls for an 8.5 percent increase in general fund spending coupled with a dedication to pay down the state's debt by more than $11 billion.