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student loan debt

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Illinois Duckworth Salvi

Decision 2022

Illinois’ student loan debt seventh highest

Separately, U.S. Sen. Tammy Duckworth (D-Schaumburg) and Republican opponent Kathy Salvi react to President Joe Biden's announcement on student loan debt. Video courtesy of BlueRoomStream. SPRINGFIELD (The Center Square) – Illinois has the seventh highest student loan debt in the nation, standing at $61.6 billion for 1.6 million borrowers. Illinois candidates for the U.S. Senate differ on President Joe Biden's plan to "forgive" some student loan debt. Biden on Wednesday announced taxpayers will cover up to $10,000 in student loan debt for individuals […]

todayAugust 24, 2022 86

Business & Lifestyle

How is the state of Illinois handling the student loan debt crisis?

Student debt is a nationwide plague, with many of us still attempting to pay off loans that have racked up. The problem of student loans is so bad that it informs much of today’s presidential platforms. That being said, the fact of the matter is that much of these debates are still precisely that—debates. While the government tries to figure out how to lessen student loans (or remove them altogether), many of us still have to pay them off. Where […]

todayDecember 1, 2019 29

SoFi

Business & Lifestyle

Student loan servicer SoFi settles charges with FTC, agrees to end false claims about loan refinance savings

Online student loan refinancer SoFi has agreed to stop misrepresenting how much money student loan borrowers have saved or will save from refinancing their loans with the company, in order to settle Federal Trade Commission charges that it deceptively advertised inflated figures for more than two years. In a complaint against Social Finance, Inc. and subsidiary SoFi Lending Corp., the FTC alleged that since at least April 2016, they made prominent false statements about loan refinancing savings in television, print, […]

todayJanuary 21, 2019 16

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