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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 9 news articles »


Reuters

UniCredit raises dividend, bad loan reduction goals
Reuters
The bank completed on Tuesday the last leg of a key 17.7 billion euro bad loan sale, reducing its holding in the portfolio to below 20 from 49.9 percent, in a move that will add 10 basis points to its core capital ratio. It said it would cut an ...

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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)

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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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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 ...



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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Is Tesla About To Get Another Big Government Loan? Exploring An Unexpected Risk For Bulls
Seeking Alpha
Offerings have included common stock, convertible bonds, bank debt, warehouse facilities, securitized contracts from the solar business, stretched accounts payable and even customer deposits. Perhaps we should also include Musk personally calling ...

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Salt Lake Tribune

One of every 6 Utah payday loan stores closed last year - The Salt ...
Salt Lake Tribune
Report notes that happens as more Utahns take advantage of new options to escape debt from their high-interest loans. One of every 6 Utah payday loan stores closed last year. (Salt Lake Tribune | Leah Hogsten) New data show Utahns are taking out more ...
Fewer payday loan stores after lawmakers offer alternativesMiami Herald

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ABC Action News

Wimauma loan program gives women entrepreneurs access to zero interest loans
ABC Action News
WIMAUMA, Fla. — Enterprising Latinas in Wimauma is helping women in the southern part of Hillsborough County learn new skills. “We've been doing workforce training and coaching, but there is one thing that has been missing the whole time, money,” said ...

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Chicago Daily Herald

SBA 7a loan programs provide financing and flexibility to small ...
Chicago Daily Herald
Regardless the strength of the general business economy, companies across the country and throughout the Chicago metropolitan area are always looking for ways to strengthen their foothold as well as their balance sheets. Even though small businesses ...

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