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Tag Archives: loan defaults

Bill to hold universities accountable for loan defaults

Boston University

U.S. senators are attempting to tackle the nation’s student loan debt crisis with a newly proposed bill that would place the burden of repayment responsibility on universities’ shoulders. Richard Durbin, D-Ill., Elizabeth Warren, D-Mass. and Jack Reed, D-R.I., introduced the Protect Student Borrowers Act of 2013 in December, emphasizing the urgency needed for colleges to respond to rising student debt. ... Read More » • Free Website Templates - Downlaod Full Themes