Navient, a major student loan servicing company, denied acting illegally, and it did not admit to any wrongdoing under the settlement, which is subject to court approval.
student debt
Posted inMaine, Schools & Education
Maine commission on college debt to start meeting this week
The Maine Legislature created the commission to study the impact that education debt has on Maine residents.
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Posted inBusiness, Nation / World, Schools & Education
U.S. to erase student loan debt for those with severe disabilities
The move will wipe out more than $5.8 billion in debt and marks the start of a broader overhaul of a program that has been criticized for having overly burdensome rules.
Posted inBusiness, Nation / World, Schools & Education
Judge slams DeVos for rejecting 94% of student loan relief claims
A federal judge threatens to suspend the agency from rejecting further requests, saying its approach ‘hangs borrowers out to dry.’
Posted inNews
Health care, education likely to dominate legislative debates at State House
Democrats, who control both chambers of the Legislature, tout the lineup of bills accepted for consideration.
Posted inMaine, sj-web
Bates students call for an end to student debt
LEWISTON — Sophomore Jaelene Perez, who hails from a low-income family in the South Bronx, said Friday she wonders at the end of each semester at Bates College whether she can afford to return. She said she slogged through this entire academic year without buying a single textbook because she couldn’t afford them. Perez said […]
Posted inMaine, sj-web
Paul LePage wants Maine to fund student debt relief programs
AUGUSTA — Maine’s Republican governor used his weekly radio address to chide lawmakers for not following through on promises to attract young people to the state by addressing student debt. The state is facing a growing need for skilled workers due its aging population and low unemployment. Gov. Paul LePage also has noted Maine’s recent […]
Posted inLewiston-Auburn
Maine community colleges help students graduate with less debt
Naima Noor, currently a student at the University of Southern Maine, is photographed at Central Maine Community College where she went for the first two years of her college education. LEWISTON — One way to graduate from college with less debt is to take advantage of the Maine Community College System and the University of […]
Posted inLewiston-Auburn
What’s the real cost of college, loan debt?
Andrienne Bolton, a Lewiston High School senior, says college costs are important to her when deciding where to go. Lewiston High School is offering a college award analysis workshop for students and parents April 11 and 24. LEWISTON — Hussein Adan, 18, a senior at Lewiston High School, has been accepted to a New Hampshire […]
Posted inLewiston-Auburn
The college debt crush
Doug Dumont, center, reviews financial aid out-of-pocket expense spreadsheets with Lewiston High School students Halima Aden, left, and Aicha Omar, right, during special office hours designed to help students figure out their post-high-school academic plans. Lewiston educator Doug Dumont (once $80,000 in student debt) urges: Have a plan. Don’t do what I did in college Part […]