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Richard Adams Cordray (born May 3, 1959) is an American lawyer and politician who is the outgoing COO of Federal Student Aid in the United States Department of Education. He served as the first director of the Consumer Financial Protection Bureau (CFPB) from 2012 to 2017. Before that, Cordray variously served as Ohio 's attorney general ...
Despite that, Ohio ranks ninth in the country for the most student debt, according to a July 31 study from personal finance site WalletHub. The ranking compared all 50 states' average student loan ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
Robert Cole Sprague (born April 18, 1973) is an American politician serving as the 49th and current Ohio Treasurer of State. Prior to his election as treasurer, he represented the 83rd district in the Ohio House of Representatives, and served as city auditor and treasurer in his hometown of Findlay. He is a member of the Republican Party .
Chapter 7. Chapter 13. Main features. All nonexempt assets will be sold to repay some of the debts you owe. You’ll keep your property, but you must repay your debts on an agreed-upon timeline
To date, the Biden administration has forgiven $168.5 billion in student loan debt for 4.76 million borrowers. In addition to the $69.2 billion received by 946,000 PSLF borrowers, 1,414,000 ...
The organization also calls for the removal of exemptions given uniquely to the student loan industry from Fair Debt Collection Practices Act, the Truth in Lending Act, and state usury laws. StudentLoanJustice.org has 16,080 members in its Facebook group and additional members in its various mailers and lists.
New guidance. In theory, student loan debt can be discharged in a bankruptcy proceeding. If the bankruptcy court approves the discharge, the debtor has to submit a separate filing to prove ...