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PBS NewsHour

Government should resume loan forgiveness for students defrauded by for-profit colleges, watchdog says
PBS NewsHour
Education Secretary Betsy DeVos has come under criticism for stalling the review of over 95,000 claims for loan cancellations. The agency has not approved a single claim during her time in office and DeVos' critics charge that she is looking out for ...
US not granting loan relief to defrauded students: inspector generalReuters
Education Department urged to resume loan cancellationsSeattle Times

all 11 news articles »


The Hill (blog)

Veterinarians need loan forgiveness program
The Hill (blog)
When Dr. Kristen Obbink graduated veterinary school, student loans were at the top of her mind. She wanted to work in public health, but worried that her six-figure debt load would make that career path financially impossible – especially compared to ...



The Merkle

An Analysis of P2P Cryptocurrency Loan Platforms
The Merkle
Its team aims to do a number of interesting things: To issue a bank card that can make both fiat and cryptocurrency payments, to create a streamlined platform for the exchange of cryptocurrencies, and to obtain an official banking license. On the ...



Reuters

UniCredit raises dividend, bad loan reduction goals
Reuters
The bank will then increase its payout further to up to 50 percent if its core capital ratio remains above 12.5 percent once new rules, including tougher new European Central Bank's requirements for bad loans, are accounted for. “The approach confirms ...

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Action taken to retire G Fest loan
Muskogee Daily Phoenix
The Muskogee City Council on Monday gave final approval to a funds transfer to the Muskogee Redevelopment Authority for $834,130. In the same vote, the council directed the funds be used to retire outstanding debt owed the Muskogee Medical Center ...



Inside Higher Ed

House GOP higher education overhaul would cap graduate lending ...
Inside Higher Ed
As Republicans in Congress look to change course on graduate lending policies, some higher education groups warn about limiting access and tougher paths to service-oriented careers.

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Money Magazine

Colleges That Don't Use Student Loans in Financial Aid Offers | Money
Money Magazine
After raising $30 million in less than three months, Brown University announced last week that it will remove student loans from its financial aid packages, replacing them with grants. In doing so, Brown joins a group of about 20 elite, wealthy ...
Brown University Ends Student Loans, Joining Growing Trend ...Student Loan Hero (blog)

all 4 news articles »


Page Six

Airborne developer seeks Bezos loan to cure brain cancer
Page Six
Rider McDowell, who with his wife developed Airborne, the cold-fighting product, wants Amazon's Jeff Bezos to loan him $250 million to cure pediatric brain cancer. McDowell swears he and future generations of his family will pay back the loan at $1 ...



CNET

Workhorse Group applies for $250M gov't manufacturing loan - CNET
CNET
The money will help the company build its first electric pickup truck, the W-15.

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U.S. News & World Report

China Banks' Household Loans Soar as Shadow Lending Squeezed
U.S. News & World Report
A Chinese national flag flutters in front of an apartment tower in the southern Chinese city of Shenzhen August 28, 2015. REUTERS/Bobby Yip Reuters. By Engen Tham and Sumeet Chatterjee. SHANGHAI/HONG KONG (Reuters) - Chinese lenders' short-term ...

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