14 Jan, 2012 [ (0) Comment ]
Some Lenders to Students Face Greater US Scrutiny
WASHINGTON — The Consumer Financial Protection Bureau is stepping up its scrutiny of nontraditional lenders to students at profit-making colleges and trade schools that have high rates of default, the newly appointed director of the bureau said Thursday. ...
4 Jan, 2012 [ (0) Comment ]
Harry Thomas agrees to repay $17K tyro loan debt
D.C. Council member Harry Thomas (D-Ward 5) has agreed to repay the federal government more than $17,000 stemming from student loan debt, according to court papers made public Tuesday.
The amount was revealed in a consent judgment that stated Thomas has agreed to make monthly payments of...
14 Dec, 2011 [ (0) Comment ]
Harry Thomas settles tyro loan fit with US government
D.C. Councilmember Harry Thomas reached an agreement Wednesday with the federal government to repay student loan debt dating back to the early 1980s.
The Justice Department alleged that Thomas (D-Ward 5) owed nearly $16,000 in principal and interest on the loans, which he obtained in 1983 and 1984 and were guaranteed...
