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IFS: English student loan changes ‘hit poorer graduates hardest’

Changes to student loans after 2012, principally the freezing of the repayment threshold, have increased the “burden” of repayments “most for low and middle earners”, according to a new Institute for Fiscal Studies report.

SEC settles fraud charges against defunct for-profit college company ITT

The Securities and Exchange Commission has settled its fraud case against ITT Educational Services, but it continues to pursue top executives from the defunct for-profit college firm for allegedly deceiving investors about high rates of late payments and defaults on student loans backed by the firm.