The company was a bad student loan servicer; so are its successors. The problem is that private servicers can’t make a profit without harming borrowers.
student debt
Posted inEducation in America
For-Profit College Students Sue MOHELA for Not Delivering Promised Debt Forgiveness
Kamala Harris has touted debt cancellation for defrauded students. But two years after cancellations were announced, some borrowers are still being harassed for payment.
Posted inTAP
Trump’s Supreme Court Trashes Student Debt Relief
Today on TAP: The conversion of the high court into a body of opportunistic partisan hacks, courtesy of Trump’s three appointees, needs to be a bigger issue in the election.
Posted inPolitics
A Policy Gimmick Amid the Joy
Kamala Harris borrows from Donald Trump with a perk to the Culinary Union at a raucous rally in Las Vegas: eliminating taxes on tips.
Posted inEducation in America
School’s Out
Demographic crashes and rising costs threaten an entire segment of higher education.
Posted inTAP
Kamala’s Strengths and Weaknesses
Today on TAP: And how she can talk to working-class voters
Posted inLaw and Justice
Student Loan Rulings Highlight Unaccountable Judicial Power—Again
Two judges this week invalidated part of a program that’s been in place for 30 years. The rulings contradict each other and seem unworkable in practice.
Posted inEconomic Policy
We Can and Should Address Racial Disparities
Most of the programs that would be most beneficial to racial equality are actually universal policies.
Posted inEducation in America
The Many Faces of Campus Activism
The linkages between anti-war protesters and 317,000 students who waited a decade for restitution for their fraudulent college loans
Posted inEducation in America
Congress Poised to Prevent One Form of Student Debt Relief
The FAA reauthorization bans debt cancellation for flight education loans.