RT America

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New student loan bill to benefit the government

Ten days after Congress missed the deadline to keep student loan interest rates at 3.4 percent, it seems that lawmakers are now ready to come together and come to an agreement to avoid burdening students even further. So would the proposed agreement solve the financial problem? Natalia Abrams, co-founder of Student Debt Crisis, and Richard Fowler, nationally syndicated radio host, discusses the details of the deal.

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Student loan help: Victims of for-profit Corinthian Colleges get federal relief

Former students of the defunct for-profit Corinthian Colleges and its subsidiaries have the possibility of requesting for loan discharges thanks to the US Department of Education. Manuel Rapalo has the latest on the story from our Los Angeles studio.

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7 million Americans refuse to pay back student loans

According to a new report by the Wall Street Journal, 7 million Americans are flat-out refusing to pay back their student loans because they feel scammed by their universities and government. They feel like they were told to go to school and are now left with worthless degrees, no jobs, and no prospects for the future. The government has tried many tactics to reach these defaulters, but their efforts have been fruitless for over a year. Like The Resident at...

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Related topics : loan pay student