FTC Opens the Door to More Defense to Repayment Claims for Student Loan Forgiveness

The FTC made the announcement below that seems to open the door for students with federal student loans to explore the possibility of applying for a Borrower Defense Loan Discharge. The Federal Trade Commission put 70 for-profit higher education institutions on notice that the agency is cracking down on any false promises they make about …

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My Daughter Has a Sallie Mae Loan for Aveda Cosmetology School

Question: Dear Steve, My daughter took out a student loan thru Sallie Mae for an Aveda Cosmetology school. We co signed for the loan. She has always struggled with the payments, deferments, reductions, etc. she has done it all. Basically she has gotten no where on the principle of the loan. We and she got …

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