Average Borrower Income, Credit Score & Loan Balance When Refinancing

Michael Lux Blog, News, Refinance, Student Loans 0 Comments

The financial records provided by student loan refinance companies to investors contain some very interesting information. Many student loan refinance lenders elect to make loans available to outside investors.  From the perspective of the borrower, the loan terms and servicing do not change, but the profits and the risk of …

New Legislation Would End Student Loan Forgiveness Programs

Michael Lux Blog, News, Student Loans 0 Comments

Lost in the shuffle of tax reform and former National Security Advisor Michael Flynn entering a guilty plea, House Republicans unveiled far-reaching legislation that would dramatically alter higher education funding in America.  The bill would relax standards on for-profit colleges, change policy regarding sexual assault on campus, make submitting FAFSA …