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Education Department Proposes to Repurpose Federal Student Education Loans as Private Loans

The Department is intending to implement, using the reported aim of increasing installment loans no credit check “institutional investment in pupil success. During the Education Department’s Federal scholar help (FSA) conference the other day, three of us sat down at a late-add session on a fresh and unprecedented test” The presentation offered some long-sought understanding of a surprising statement about feasible federal funding for income-share agreements created by a high-ranking department official at a meeting early in the day this year. Additionally the new information revealed throughout the session proved concerning: the division intends to oversee a perversion regarding the federal loan system by which, really, federal loan bucks is supposed to be utilized to invest in personal training loans. Continue reading

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