Months after vowing to process a backlog of 160,000 requests for loan forgiveness from students who say they were defrauded by their schools, the U.S. Education Department has rejected 94% of claims it has reviewed, according to a federal judge who is demanding justification for the “blistering pace” of denials.
People with federal student loans don’t have to make another federal payment in 2020. Now is the time, though, to decide what to do before your bill arrives in January 2021.
A Hamilton County adoption was reversed after a trial court wrongly found the biological mother’s consent to her child’s adoption was not required. The Indiana Court of Appeals on Monday found the trial court lacked evidence to support its findings.
Hundreds of former ITT Tech students in Indiana will find some ease from their student loans now that millions have been secured in a national legal settlement to cover their debt.
Former ITT Educational Services Inc. CEO Kevin Modany has agreed to pay $200,000 and accept a five-year ban from serving as an executive of a public company to settle a Securities and Exchange Commission lawsuit accusing management of hiding the rapidly eroding financial condition of the now-defunct firm from investors. Former ITT Chief Financial Officer Daniel Fitzpatrick agreed to pay $100,000 and accept the same ban under a separate settlement.
A Warrick County man won his appeal in a student loan dispute after the Indiana Court of Appeals determined the alleged holder of his son’s student loan failed to prove it was entitled to an $18,000 summary judgment ruling.