Now she will have to pay back the money as part of her sentencing as the Federal Student Aid (FSA), which is an office within the DOE, looks to get back the $5 million it lost in ...
For more student loan debt statistics, read on. Student loan debt totaled $1.77 trillion as of the third quarter of 2024, per the Federal Reserve. This includes both federal and private student loans.
Education Secretary Linda McMahon told NewsNation that she's looking into transferring student loans to an agency outside the ...
The Department of Justice announced another student loan fraud case Wednesday. A Texas woman pled guilty to conspiracy to commit mail fraud and wire fraud as part of a scheme to get nearly half a ...
This is why fraud can happen to anyone at any time, despite your best efforts. The Student Loan Ranger has received emails from readers who may have been listed as a co-signer on a loan without ...
FSA, an arm of the U.S. Department of Education, distributes financial help to roughly 10 million students yearly and oversees the government's nearly $2 trillion federal student loan portfolio.
Forbes contributors publish independent expert analyses and insights. Adam Minsky is an attorney and writer focusing on student loans.