450k borrowers say they were ripped off. Their student loans are being erased
The borrowers say they were defrauded by their colleges, but the class-action lawsuit to erase their federal student loans has been tangled up in cour...
Bank of England to stop accepting bonds linked to coal for key loans
Campaigners hope move will force commercial banks to rethink holding assets linked to the fossil fuelClimate campaigners have declared a victory after...
City regulator urges judges to dismiss larger payout claims in car loans scandal
FCA clashes with consumer group pushing for bigger compensation, alleging lack of transparency and conflict of interest The City regulator is trying t...
Would-be physician assistants deterred by strict caps on US student loans
Advocates condemn change that caps loans at $20,500 per year – less than half median annual cost of PA programStrict new caps on federal student loans...
Students could be required to pass GCSE English to access university loans
Exclusive: Ministers consider national threshold in England that could in effect bar thousands from studyingUniversity students would face minimum gra...
Grade requirement for student loans would cut a financial lifeline for English universities
Institutions could lose out on at least £200m a year if 30,000 or so potential students without even one GCSE are excluded each yearIf universities th...
How small-business loans got caught in Trump's immigration crackdown
For decades, immigrants who are legal permanent residents in the U.S. could get loans through the Small Business Administration, a core pillar of smal...
UK minister defends changes to student loans as pressure grows for reforms
Treasury minister Lucy Rigby says the government has the right to alter terms of existing agreementsMinisters have rejected accusations that recent ch...
‘A tax on ambition’: graduates tell all to student loans inquiry
Treasury select committee hears that interest rate and repayment terms are ‘extortionate’ and ‘not reasonable’Thousands of graduates have told an offi...
US university’s commencement speaker reveals he will pay off students’ final-year loans
Anil Kochhar hopes textile graduates of North Carolina State can leave with ‘greater freedom to pursue goals’Anil Kochhar, a North Carolina State Univ...
One in four humanities students in Australia to take more than 25 years to pay off student loans, treasury finds
Job ready graduates program will also leave almost two-thirds of humanities and creative arts students with debts exceeding $50,000Get our breaking ne...
Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply
MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to MauritiusDays after the ...
