7 Dec, 2011 [ (0) Comment ]

Pa. tyro loan group pays $12M settlement

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A state student loan agency has paid more than $12 million in a settlement to end an IRS "examination" of its tax-exempt student loan bonds that went on for at least three years.

The agreement with the IRS by the Pennsylvania Higher Education Assistance Agency, or PHEAA, was disclosed...

7 Dec, 2011 [ (0) Comment ]

IRS Taps Student Loan Agencies

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There are very few people that I like dealing with less than the folks who administer my student loans for law school. Undergrad, I managed just fine. But when I moved to Pennsylvania, I was forced to deal with the Pennsylvania Higher...


13 Nov, 2011 [ (0) Comment ]

A Sensible Solution to Student Loan Debt

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The college class of 2010 now has a dubious distinction. Its graduates who had student loans owed a record-high average of $25,250, up 5.2 percent from the previous year, according to a new report from the Project on Student Debt, a nonprofit advocacy group.

Last month, President Obama announced...