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Univ. of Phoenix Accused of Manipulating Its Default Rate
14 January 09 04:39 PM | Student Loan Girl | 0 Comments   

Three former University of Phoenix students are suing the for-profit higher education giant for using a questionable loan repayment practice that skews the university’s default rate and takes away federal student loan repayment options from students who Read More...

Filed under: college, college lawsuits, college loans, Education Department, federal college loans, federal student aid, Federal Student Loan Program, federal student loans, federally guaranteed loans, for profit colleges, Higher Education Act, NextStudent, online college, student loan collections, student loan default rates, student loan defaults, student loan grace periods, student loan interest rates, student loan payback policies, student loan repayment options, student loan repayment terms, student loans, The Chronicle of Higher Education, U.S. Department of Education, Univeristy of Phoenix

Debt Collection Agency Adding Hundreds of Jobs
18 November 08 10:21 AM | Student Loan Girl | 0 Comments   

Premiere Credit of North America , a debt collection agency based in Indianapolis, is a bit of an anomaly in today’s down economy — it is thriving at a time when many businesses are cutting back their workforces and many debt collection agencies are losing Read More...

Filed under: bankruptcy, Chicago Tribune, college, college loans, David Hoeft, debt, debt collection agencies, debt collection, debt collection companies, Debt Collectors, delinquent college loans, delinquent student loans, economic downturn, Education Department, Erika Smith, government debt, Indiana debt collection agencies, Indianapolis debt collectors, NextStudent, Premiere Credit of North America, private student loans, student loan debt, student loan defaults, student loan payments, student loans, The Indianapolis Star, U.S. Department of Education, unpaid student loans, unsecured debt

Shares of Corinthian Colleges Stock Take Nosedive Over Student Loan Defaults
28 August 08 06:56 PM | Student Loan Girl | 0 Comments   

Despite an 11.5-percent boost in student enrollment and an 18.3-percent growth in revenue over the last quarter, Corinthian Colleges saw its shares tumble in afternoon NASDAQ trading on Tuesday, amid investor fears of rising defaults on the school network’s student loans. Read More...

Filed under: Bloomberg, BMO Capital Markets, career colleges, CLC, college, College Loan Corp, college loans, Corinthian Colleges, credit crisis, default rates, financial aid, Forbes, Jack Massimino, Jeffrey Silber, Kenneth Ord, NextStudent, paying for college, private student loans, Ruthie Ackerman, Sallie Mae, stock values, student loan availability, student loan defaults, Student Loan Express, student loans, subprime, subprime mortgage crisis fallout, trade schools