Banks and credit unions offer government workers loans amid shutdown

January 25th, 20190 A month into the partial government shutdown, tens of thousands of government workers are relying on special programs from banks and credit unions to stay financially solvent. Senior Vice President Tynika Wilson of Navy Federal Credit Union said about 16,000 federal workers – including many workers for the Coast Guard and Department...

Education Department cancels student loan debts for 12,900 college fraud victims

December 22nd, 20171 WASHINGTON, D.C. — On Wednesday, the Education Department canceled the student-loan debts of 12,900 people defrauded by defunct Corinthian Colleges, but its announcement that it will give varying amounts of debt relief in the future set off fierce criticism. For-profit higher education provider Corinthian collapsed in 2015 amid...