Trump administration hasn’t approved any student loan debt relief claims – The Mercury News

Since President Trump took office, thousands of people who attended demonstrably shady for-profit colleges have applied to have their student loans discharged. But as of this month, the Trump administration has not approved any of the recent claims, known as borrower defense to repayment applications, including 2,605 claims filed by borrowers from California. So thousands…

‘Debt vultures’ operating unchecked in Australia, consumer advocates say – The Guardian

The federal government has ignored warnings that a regulatory void is allowing so-called debt vultures to operate unchecked, consumer advocates say. It has been 18 months since the Australian Securities and Investments Commission (Asic) warned that debt management firms were engaging in misleading or, in some cases, predatory conduct. The firms offer to help often-vulnerable…