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Extracted Claims (29746)

Within the past year, many student borrowers faced challenges, including as 28 million federal student loan borrowers returned to repayment following the end of the COVID-19 payment pause. 1.000

👤 The author 📋 News Article 🏷️ Finance , Student Loans

Simplified: 28 million federal student loan borrowers returned to repayment after COVID-19 payment pause in past year

1 sources

2 days ago
Student loans represent the second-largest form of U.S. consumer debt at more than $1.7 trillion in total outstanding balances. 1.000

👤 The author 📋 News Article 🏷️ Finance , Debt

Simplified: Student loans represent second-largest form of US consumer debt at more than $1.7 trillion

1 sources

2 days ago
“Companies break the law when they mislead student borrowers about their protections or deny borrowers their rightful benefits,” said CFPB Director Rohit Chopra. 1.000

👤 Rohit Chopra 📋 News Article 🏷️ Finance , Legal

Simplified: Companies break the law when misleading student borrowers or denying benefits according to CFPB Director Rohit Chopra

1 sources

2 days ago
The report covers violations related to student loan refinancing, private lending and servicing, debt collection, and federal loan servicing. 1.000

👤 The author 📋 News Article 🏷️ Finance , Student Loans

Simplified: Report covers violations related to student loan refinancing private lending debt collection federal loan servicing

1 sources

2 days ago
Today, the Consumer Financial Protection Bureau (CFPB) released a special edition of its Supervisory Highlights describing a range of unlawful activities identified by CFPB examiners across student lo... 1.000

👤 The author 📋 News Article 🏷️ Government , Finance , Regulatory

Simplified: CFPB released Supervisory Highlights describing unlawful activities in student loan markets today

1 sources

2 days ago
This report helps to explain why it is so hard for borrowers to get help from the government—those in the industry with money and power are pushing for their own interests and are clearly being heard. 0.900

👤 Julie Margetta Morgan 📋 Press Release 🏷️ Education , Finance , Debt

Simplified: Industry influence explains why borrowers struggle to get government help.

1 sources

2 days ago
We need to look at all of the factors driving student debt today, and that includes the influence of those who profit when students borrow. 0.900

👤 Julie Margetta Morgan 📋 Press Release 🏷️ Education , Finance , Debt

Simplified: Examine all factors driving student debt including the influence of those who profit.

1 sources

2 days ago
For example, Education Secretary Betsy DeVos recently went to bat to shield loan servicers from accountability under state law, while at the same time fighting borrowers in court to require payment fr... 0.900

👤 The author 📋 Press Release 🏷️ Education , Legal , Politics

Simplified: Betsy DeVos shielded loan servicers from accountability while fighting defrauded students in court.

1 sources

2 days ago
America didn’t end up with more than a trillion dollars in student loan debt by accident,” said Morgan, Fellow at the Roosevelt Institute and the report’s author. 0.900

👤 Julie Margetta Morgan 📋 Press Release 🏷️ Education , Finance , Debt

Simplified: America's trillion-dollar student loan debt was not accidental according to Julie Margetta Morgan.

1 sources

2 days ago
The report, written by Roosevelt Institute Fellow Julie Margetta Morgan, focuses on how colleges, loan servicers, and other industry players have used their influence over federal policymakers and reg... 0.900

👤 The author 📋 Press Release 🏷️ Education , Finance , Debt

Simplified: Julie Margetta Morgan's report focuses on industry influence over policymakers forcing students deeper in debt.

1 sources

2 days ago
In its latest issue brief, Who Pays? How Industry Insiders Rig the Student Loan System—And How to Stop It, the Roosevelt Institute examines the excess power of special interests in U.S. policymaking a... 0.900

👤 The author 📋 Press Release 🏷️ Education , Finance , Debt

Simplified: Roosevelt Institute examines special interests' power as factor in $1.5 trillion student loan debt.

1 sources

2 days ago
The page also includes information about the steps to take if their information has been used fraudulently. 0.900

👤 The U.S. Department of Education 📋 Press Release 🏷️ Government , Education , Finance , Fraud

Simplified: StudentAid.gov/scams includes information about steps to take if information has been used fraudulently

1 sources

2 days ago
The office of Federal Student Aid provides a wealth of information about how to avoid student aid scams—on StudentAid.gov/scams—including how students and their contributors can lower their risk of id... 0.900

👤 The U.S. Department of Education 📋 Press Release 🏷️ Government , Education , Finance , Fraud

Simplified: Federal Student Aid provides information about avoiding student aid scams on StudentAid.gov/scams

1 sources

2 days ago
A recent review found that, as of early-February, nearly $40 million in Direct Loan payments, and an additional $6 million in Pell Grants, were incorrectly disbursed to ineligible individuals. 0.900

👤 The U.S. Department of Education 📋 Press Release 🏷️ Finance , Government , Education

Simplified: Nearly $40 million in Direct Loan payments and $6 million in Pell Grants were incorrectly disbursed to ineligible individuals as of early-February

1 sources

2 days ago
As of mid-January, an approximate $10 million in improper Direct Loans payments were disbursed before the Department restored NSLDS post screening. 0.900

👤 The U.S. Department of Education 📋 Press Release 🏷️ Finance , Government , Education

Simplified: Approximately $10 million in improper Direct Loans payments were disbursed before Department restored NSLDS post screening as of mid-January

1 sources

2 days ago
In May, the Department resumed automated post screening of student aid records for the 2024–25 and 2025–26 Free Application for Federal Student Aid (FAFSA®) cycles. 0.900

👤 The U.S. Department of Education 📋 Press Release 🏷️ Government , Education , Finance

Simplified: Department resumed automated post screening of student aid records for 2024-25 and 2025-26 FAFSA cycles in May

1 sources

2 days ago
Call, email, or chat with a representative. 1.000

👤 The author 📋 Help Center Article 🏷️ Support , Contact

Simplified: Call email or chat with a representative for help.

1 sources

2 days ago
Call, email, or chat with a representative. 1.000

👤 The author 📋 Help Center Article 🏷️ Support , Contact

Simplified: Call email or chat with a representative for help.

1 sources

2 days ago
Individuals granted immigration parole status, a temporary designation issued by the U.S. Department of Homeland Security (DHS), are not immediately eligible for federal student aid. 0.900

👤 The U.S. Department of Education 📋 Press Release 🏷️ Government , Finance , Immigration

Simplified: Individuals with immigration parole status are not immediately eligible for federal student aid

1 sources

2 days ago
The Department is strengthening real-time data-sharing with the Social Security Administration to prevent identity theft and avoid such errors in the future. 0.900

👤 The U.S. Department of Education 📋 Press Release 🏷️ Government , Technology , Security

Simplified: Department is strengthening data-sharing with Social Security Administration to prevent identity theft

1 sources

2 days ago