Finance

Nearly One-Fifth of Millennials’ Salaries Spent on Student Loan Repayments

April 18, 2016
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By LowCards.com College graduates with student loans spend nearly one-fifth (18%) of their salaries on student loan payments, according to new research from Citizens Bank. 60% of these graduates, aged 35 and under, expect to be paying student loans into their 40s. Even though they’re struggling with this debt, only half of the respondents have looked into...

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Ct Settles with Tolland Psychiatrist Resolving False Claims Allegations

March 16, 2016
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A Tolland psychiatrist will pay $404,798 to settle a civil False Claims Act lawsuit alleging that she submitted false claims for payments to Connecticut’s Medicaid program. The resolution stems from a lawsuit and settlement agreement approved yesterday by a Hartford Superior Court judge, Attorney General George Jepsen said today. The Attorney General alleged that,...

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Feds Shutting Down Illegal Student Debt Relief Scheme

Student Loan Processing.US and Owner Charged Student Loan Borrowers Millions in Illegal Fees The Consumer Financial Protection Bureau (CFPB) has requested that a federal district court enter a final judgment and order that would shut down a student debt relief scheme that charged borrowers millions of dollars in illegal upfront fees for federal student...

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New Phishing Scheme Tries to Exploit Personal Information by Mimicking Employer

March 15, 2016
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New Strain of Fraud Targets W-2s Through CEOs and CFOs Attorney General George Jepsen, Department of Revenue Services (DRS) Commissioner Kevin B. Sullivan and Department of Consumer Protection (DCP) Commissioner Jonathan A. Harris are warning consumers about a new W-2-themed phishing scheme that targets employees and even Chief Financial Officers (CFOs) in an attempt...

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