Even Good-Guy Student Loan Startups Still Favor the Rich
Student-loan refinancing is one of Silicon Valley's hottest new mini-sectors, with a fresh crop of startups leveraging buzzy marketing and proprietary algorithms in a race to reshape the loan. But despite the hype, only the top tier of graduates qualify. Can technology ever change that?
Lower Education: How A Disgraced College Chain Trapped Its Students In Poverty
Corinthian Colleges lured students to its high-priced courses with the promise of an escape from poverty. But mired in tens of thousands of dollars of debt they will likely never be able to repay, many now feel more stuck than ever.
Lawsuits Claim Student Loan Debt Settlement Firms "Scam" Desperate Borrowers
The Illinois attorney general claims two student loan consolidation firms, First American Tax Defense and Broadsword Student Advantage, charge hundreds of dollars up front for products that don't exist or are available for free.