More than one-third of parents of children ages 13 to 17 haven’t discussed their child’s role in paying for college
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For-profit college cancels $500M in student debt after fraud allegationsA company that owns two national for-profit college chains said that it will erase nearly $500,000,000 in debt incurred by former students as part of a settlement with 48 states and the District of Columbia.
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For-profit college cancels $500 million in student debt as part of nationwide fraud settlementA major for-profit university has reached a settlement with 48 states and the District of Columbia that will force it to wipe out nearly $500 million in debt incurred by thousands of its students across the country.
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Former for-profit college students will have nearly $500 million in student debt wiped awayNearly 180,000 students who attended for-profit colleges accused of scamming students will have $493.7 million in student debt wiped away
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For-profit college chain to forgive $556 million in student debtsNearly 180,000 former students of Career Education schools will have their loans canceled as part of an agreement involving 49 attorneys general.
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House Democrats aim to avoid debt-ceiling fights by bringing back the ‘Gephardt Rule’As Democrats take control of the House, one of the party’s big pushes is to resurrect the so-called Gephardt Rule, which in the past has helped lawmakers limit fights over raising the debt ceiling.
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