The Consumer Financial Protection Bureau (CFPB) is calling on financial institutions to publicly disclose agreements with colleges and universities to market debit, prepaid, and other products to students. Currently, institutions only make these disclosures about…
Rule Brings New Oversight to Rapidly Growing Market Affecting Tens of Millions of Consumers The Consumer Financial Protection Bureau (CFPB) has issued a rule that allows the Bureau to supervise certain nonbank student loan servicers…
Private student loan borrowers trying to pay off their loans early are taken advantage of by financial institutions, according to a report today from the Consumer Financial Protection Bureau. The CFPB Ombudsman said in his…
By: Lisa Chedekel Arrests in Connecticut schools dropped 13.5 percent from 2008 to 2011, but hundreds of the arrests made in 2011 were for minor policy violations such as throwing erasers, shouting, or leaving class…
By: Karen Schmidt When Connecticut’s new kindergarten class starts school in a few weeks, as many as a third of the children from the state’s poorest communities will be walking into their first classroom…
A Kansas woman has won a $13 million judgement against a for-profit college after she alleged that she was fraudulently enticed to enroll into one of its nursing programs. Jennifer Kerr, a single mother, went…
Written by: Jennifer Kaylin As a “classroom interventionist,” Stephanie Galluzo’s job is to help students who act out in class to settle down and refocus. Teachers find this new classroom management tool a huge benefit…
A student walks near Royce Hall on the campus of UCLA in April 2012. Students and parents are learning their college fates this week and then having to address whether schools are actually affordable. They…
Written by Marian Wang California gardener Francisco Reynoso’s son died in a car accident in 2008, burying the father in student debt. Now, four years later, Reynoso has finally reached a legal resolution. (J. Emilio…
As the country slowly repairs the damage from years of easy credit for mortgages and credit cards, a new financial danger looms: student loans. In an insightful Wall Street Journal story today, the newspaper said…
by Marian Wang Two recent government reports found that the companies handling private student loans sometimes add to the frustration and even the debt load of struggling borrowers. (File photo, Christopher Furlong/Getty Images) The parallels…
No Income? No Problem! Steve Lance put both his sons through college by taking out federal Parent Plus loans. Like many parents, he’s now deeply in debt. (Mark Abramson for The Chronicle) By Marian Wang,…
Written by Lisa Chedekel Yale University Photo Ketamine regenerates synaptic connections. For a decade, scientists have been trying to explain why a single dose of the drug ketamine manages to do what typical antidepressants don’t:…
Written by Lisa Chedekel And Elizabeth Hamilton Juveniles in the Hartford judicial district who break the law are far more likely to be locked in a pre-trial detention center following arrests or referrals than juveniles…
Study Pushes Early Identification Of Kids’ Mental Health Problems Written by Lisa Chedekel Josue, 15, was born to a 12‐year‐old mother. Exposed to domestic violence and abuse, he struggled in school early on and received…
Written by Suevon Lee ProPublica Sen. Tom Harkin, D-Iowa, chairman of the Health, Education, Labor and Pensions Committee, releases a report flagging high rates of loan default, aggressive recruiting practices and higher than average tuition,…
The Federal Trade Commission (FTC) is proposing additional modifications to the draft Children’s Online Privacy Protection Act (COPPA) Rule, aimed at better protecting children online. The proposed changes, which will add to the revisions submitted…
(File photo by Mel Evans/AP Photo) Much like the mortgage market, the market for private student loans has gone through a big boom and a messy bust. Some banks and lenders played fast and loose…
A new report released today by the Consumer Financial Protection Bureau (CFPB) and the Department of Education outlines the deceptive practices that have found their way from the mortgage industry to the private student loan…
Francisco Reynoso, with his wife Silvia and daughter Evelyn in the background, co-signed for his son’s student loans. When his son Freddy was killed in a car accident after graduating from college, Reynoso not only…