step 1 million in the financing financial obligation to have 115,100000 people which attended the fresh new now-defunct ITT Technology Institute. Concurrently, the latest Government Trade Payment for the sent a notification so you can 70 away from the greatest having-finances universities and you can vocational schools that it would-be “cracking upon any not true claims they make regarding their graduates’ employment and you can earnings candidates or any other consequences and certainly will hit violators that have high monetary penalties.”

nine. “Split upon individual loan providers profiteering from pupils and allow individuals holding private money to release him or her during the bankruptcy.” At present, private student loan debt is one of the few types of debt that generally cannot be discharged in bankruptcy. Leggi il resto di questo articolo »