- Feds file suit against for-profit college chain Updated: Feb-26-14 3:54 pm
- New billing standards to help patients with debt Updated: Feb-13-14 3:15 pm
- GAO recommends changes for student debit cards Updated: Feb-13-14 3:14 pm
WASHINGTON - The Consumer Financial Protection Bureau filed suit Wednesday against a large, for-profit college chain alleging that it pushed students into high-cost private student loans knowing they would likely end in default.
The last thing anyone wants to deal with after a serious illness or injury is a mountain of debt and repeated calls from bill collectors. Yet that's the scenario in which many patients find themselves.
WASHINGTON - Small fees add up for college students using college-issued debit and prepaid cards, which are often used to draw financial aid, and congressional investigators on Thursday urged greater oversight of their use.