A federal consumer watchdog just hit a major student-loan company with a new lawsuit. On Friday, the Consumer Financial Protection Bureau sued the Pennsylvania Higher Education Assistance...
"In the last three days of the PPP—banks processed loan applications for $150,000 and under at twice the rate of larger loans," the lawsuit said. This would allegedly suggest that banks...
“The Moratorium has eliminated the primary benefits of student loan refinancing,” the lawsuit says. “In essence, SoFi is being forced to compete with loans with 0% interest rates and...
The Pacific Legal Foundation filed a federal lawsuit Tuesday with the intent of putting a stop to the loan cancellation plan.
Seven GOP-led states filed the first lawsuit against Biden's broader student-loan forgiveness plan. The states say Biden is planning to implement the relief before the final rule is...
Six GOP-led states filed a lawsuit in Missouri against President Joe Biden's student-debt cancellation. The state houses the loan company MOHELA.
Missouri's attorney general led a new lawsuit to block student-loan repayment through the SAVE plan, arguing it would hurt MOHELA's revenue.
Conservative groups filed a lawsuit to block Biden's latest effort to cancel $39 billion in student debt for more than 800,000 student-loan borrowers.
A new student loan challenge:Lawsuit filed to end student loan payment pause Does Congress have a role in student debt forgiveness? The Biden administration has declined to say if it has...
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