Beshear secures $1.7 million in loan debt relief for students who attended Spencerian Colleges – Richmond Register

FRANKFORT Attorney General Andy Beshear announced Friday a consumer protection settlement benefiting nearly 700 students in Kentucky and Southern Indiana who attended one of the states for-profit colleges, Spencerian. Under the terms of the settlement, Sullivan University, which owned Spencerian, has agreed to forgive more than $1.7 million in private loan debt and provide other…

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…