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A Billionaire Gave $34 Million To Pay Off The Student Loan Debt For The Entire Class Of 2019 At This College

October 27, 2019CreditBy toptierfinancial

The 2019 graduating class of Morehouse College got an amazing surprise in May when billionaire Robert F. Smith pledged to pay off the entirety of their student loans . The founder of private equity firm Vista Equity Partners made the … Continue reading →

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School lunch debt and lunch shaming is a problem that needs a national solution

October 27, 2019CreditBy toptierfinancial

School meals are a key component to student success both in and out of the classroom. But when a child arrives without cash in hand or in her school meal account, the school must decide how to respond. Over the … Continue reading →

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Education Department Official Resigns, Proposes Plan To Wipe Out Student Debt

October 26, 2019CreditBy toptierfinancial

Oct. 24, 2019, 11:19 AM PDT By Erik Ortiz A top Education Department official involved in student financial aid resigned Thursday, announcing that he would push an agenda to cancel much of the country’s student debt as he vies for … Continue reading →

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Betsy DeVos: Cancel Student Loan Debt? That’s “Crazy”

October 26, 2019CreditBy toptierfinancial

US Secretary of Education Betsy DeVos speaks during the fifth meeting of the Federal Commission on … [+] School Safety, focusing on the best practices for school building security, active shooter training for schools and practitioner experience with school-based threat … Continue reading →

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American Express Beats Earnings but Sees ‘Key Reversal’

October 26, 2019CreditBy toptierfinancial

American Express Company (AXP) is a financial services giant and a component of the Dow Jones Industrial Average. The company offers credit cards, charge cards, and travelers’ cheques in the United States and around the world. American Express reported an … Continue reading →

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PayPal is launching a Venmo credit card to help monetize the payment app

October 26, 2019CreditBy toptierfinancial

Venmo is moving from enabling payments with emojis on a phone to a more traditional method. The popular app, owned by PayPal, will offer a Venmo-branded credit card in 2020, the company announced Thursday. Synchrony Financial will handle the banking … Continue reading →

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CFPB Creates Federal Consumer Finance Law Taskforce

October 26, 2019CreditBy toptierfinancial

The Consumer Financial Protection Bureau (CFPB) announced Friday that it will establish a specialized taskforce to, “examine ways to harmonize and modernize federal consumer financial laws,” according to a press release. The new body, called the “Taskforce on Federal Consumer … Continue reading →

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State Law Offers New Means Of Debt Collection For City

October 15, 2019CreditBy toptierfinancial

The city of Starkville may have a new method to collect debts following Tuesday’s Board of Aldermen meeting. Mayor Lynn Spruill introduced a resolution at the Friday work session that upon approval would allow Starkville to utilize a law passed … Continue reading →

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22% of Americans Don’t Have a Credit Score — Here’s Why

October 15, 2019CreditBy toptierfinancial

A recent report shows that more than one-fifth of Americans don’t have a FICO® credit score. A recent report by the Consumer Financial Protection Bureau (CFPB) revealed that 11% of Americans have a “thin or stale” score file, and therefore … Continue reading →

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Paying Off Student Loans Is Taking Much Longer Than Expected

October 15, 2019CreditBy toptierfinancial

(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes. Borrowers struggle to whittle down their school loan balances even when they make regular payments, according to the New York Federal … Continue reading →

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Recent Posts

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