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USA TODAY

Donald Trump's budget cuts back key student loan programs
USA TODAY
President Trump is proposing to cut back student loan programs aimed at borrowers who need the most help. Outlined in his 2018 budget that was released Tuesday, his proposals reflect Trump's priorities in streamlining federal programs and reducing ...
Here's how Trump wants to change the way you repay student loansMarketWatch
Trump's Budget Would Kill a Major Student Loan Forgiveness Program, but Only for New BorrowersSlate Magazine (blog)
Trump's Plan To Make Student Loan Customer Service Great AgainForbes
USA TODAY College -WGNO -Yahoo Finance
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Washington Post

On track for Public Service Loan Forgiveness? Good news, you're not in danger from Trump's budget.
Washington Post
The Education Department said Tuesday that the hundreds of thousands of doctors, lawyers, teachers and social workers on track for a form of student loan forgiveness will not be affected by President Trump's proposal to get rid of the benefit. [Trump's ...
These people are in limbo as future of loan forgiveness program remains uncertainMarketWatch
Trump's Student Loan Plan Will Hit Graduate Students HardBuzzFeed News
Trump Budget Plans Seek End to Subsidized Student Loans, ForgivenessU.S. News & World Report
KHOU
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Reuters

Westinghouse reaches deal for $800 million U.S. bankruptcy loan ...
Reuters
Westinghouse Electric Co told a U.S. court on Tuesday the nuclear power company had reached a deal to borrow $800 million after allaying creditors' concerns ...
Westinghouse Can Tap Rest of $800 Million Bankruptcy LoanWall Street Journal (subscription)

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MarketWatch

Auto lender Santander checked income on just 8% of subprime loans bundled into bonds
MarketWatch
Santander Consumer USA Holdings Inc., which is counted among the biggest subprime auto-loan firms, verified income on just 8% of borrowers on loans it recently bundled into $1 billion of bonds, Moody's Investors Service said. The Santander findings ...

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PBS NewsHour

Trump budget promotes school choice while cutting student loan programs
PBS NewsHour
President Trump's budget proposes roughly $9 billion in cuts to various federal education programs, a reduction of roughly 13 percent, including changes to student loan programs. Some of that money would be rerouted to advance the idea of school choice.
President Trump's Budget Proposal Calls For Deep Cuts To EducationNPR

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GQ Magazine

Betsy DeVos Continues to Make Paying Back Student Loans a Nightmare
GQ Magazine
And as we've previously covered and covered, there is seemingly nothing that will stand in her way as she makes your student loans as difficult to pay back as possible. And here we are with YET ANOTHER way in which things are about to get harder.



American Banker (subscription)

How OCC can help banks disrupt the payday loan industry ...
American Banker (subscription)
With the future of payday lending in flux, the Office of the Comptroller of the Currency has the ability to help provide consumers with a better credit option.

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Walla Walla County refinances loan on Community Service Center
Walla Walla Union-Bulletin
The building is losing money because income from tenants is falling far short of the amount needed to service loan debts, plus pay for utilities and routine maintenance. Two previous attempts to sell the building in 2015 and in January of this year ...



KTVL

Department of Education proposes to cut student loan vendor list to one institution
KTVL
Medford, Ore. - College students may soon see an easier way to pay off student loans in the future. President Trump and the Department of Education are continuing an Obama-era plan to consolidate student loan services from nine institutions to one.

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The Colorado Independent

Report: Subprime lending giant's add-on “loan protections” put borrowers at risk
The Colorado Independent
Several months into the loan, he borrowed another $1,200 or so in what he didn't realize was a second loan with a second set of fees. He says he also didn't realize that he had been paying all along for three loan insurance policies he wasn't aware he ...


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