AG Ferguson obtains more than $7M in student debt relief for thousands of Washingtonians from for-profit college – Access Washington

For-profit education company Career Education Corporation misrepresented the cost of attendance and job placement rates to its students OLYMPIA More than 3,000 Washingtonians will receive more than $7.6 million in debt relief from Career Education Corporation (CEC), a for-profit higher education company, as part of Attorney General Bob Fergusons legal action over the companys use…

A married couple in their 20s explains how real-estate investing is helping them pay back over $170,000 in student-loan debt – Business Insider Australia

Student-loan debt is a prevalent issue in the US, with more than 44 million borrowers owing $US1.5 trillion, Forbes reported last year. Here, a married man in his late 20s shares how he and his spouse are paying back her six-figure student-loan debt through real-estate investing. Instead of working to pay down the debt as…

From pizzas to credit cards – how to encourage better consumer behaviour – The Australian Financial Review

David Moloney, the founder of Internal Consulting Group and the head of its global financial services practice, says the changes being implemented fit with his analysis of the evolution of the financial system. He says the financial system is going through three eras: detriment reduction, competition and the betterment of society. He says the Hayne…

2018 Beyond(k): HSAs, Pension Risk Transfer, Student Loan Debt Relief – Planadviser.com

Retirement plan sponsors are increasingly demanding value-add services from their advisers. Our Beyond(k) column in PLANADVISER print this year explored a few of the most popular new products and services sponsors are requesting. HSAs in Retirement Planning Health savings accounts (HSAs) have become more prevalent as more employers have turned to high-deductible health plans. High…

Reality bites: Gloomy 2019 for over-indebted consumers struggling to make ends meet – Fin24

Overspending over Black Friday, Cyber Monday and the Christmas holidays will have “severely negative consequences” for overly indebted consumers, a debt counselling expert has said. Acknowledging the brief relief brought from the decrease in fuel prices in December and now January, CEO of Debt Rescue Neil Roets also pointed out that consumers are not yet…