Monthly Archives:: May 2013

Students Sued by Colleges for Unpaid Loans

Student debt is on the rise and colleges nationwide are withholding degrees from graduates who have not paid their federal loans. Yale University and the University of Pennsylvania are two colleges that have sued former students for unpaid Perkins loans. These are loans that provide low-interest financing for “needy students” to pay for their education,… Read more »

Foreclosure Bill Deal Coming Together

Legislation designed to reduce foreclosures and protect homeowners in the process has resulted in an agreement that is going to make a difference for a lot of individuals. Representatives from banks, social justice, and other concerned parties were working on the final details as of May 16, 2013. The legislation, which was sponsored by Senator… Read more »