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 »
Passionate about fighting for consumers & protecting parents
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 »
Over 150 Jobs to be Lost in Creative Memories Bankruptcy
Creative Memories, a St. Cloud-based scrapbooking company, has filed for Chapter 11 bankruptcy, according to a letter filed with the Minnesota Department of Employment and Economic Development. Now the company has plans to lay off most of its staff at its St. Cloud headquarters. The layoffs are to total 163. So far, the company has… Read more »