Company That Sues Soldiers Pledges Reform, Changes Name

Staff / Truthdig Oct 8, 2014 USA Discounters, the Virginia-based retailer at the center of a ProPublica investigation in July, says it has made reforms to its lending practices to service members. But instead of overhauling its policies, the company has simply adopted a new name for its stores, USA Living, and continues to make loans much the way it did before. Dig deeper ( 4 Min. Read )

Occupy Activists Try to Restore Our Faith in ‘Collective Power’ by Wiping $3.9M of Student Loan Debt

Natasha Hakimi Zapata / Truthdig Sep 18, 2014 The Strike Debt movement, which has its roots in Occupy Wall Street, bought and "abolished" a portfolio that included the student loan debts of 2,700 students who had attended the privately run Everest College. Dig deeper ( 1 Min. Read )

Weak Laws Offer Debtors Little Protection and Allow Collectors to Seize a Fourth of Their Wages

Staff / Truthdig Sep 16, 2014 Critics say the 1968 federal law that allows collectors to take 25 percent of debtors’ wages, or every penny in their bank accounts, is out of date and overly harsh. Dig deeper ( 10 Min. Read )

John Oliver on Why You Should Resort to ‘Anything Else’ Before Taking Out a Payday Loan

Natasha Hakimi Zapata / Truthdig Aug 12, 2014 Payday loan providers have been around for 20 years or so, and in that time their growth rate has been exponential for one reason alone: The services they provide are a huge, undeniable, legal scam. Watch John Oliver and comedian Sarah Silverman explain why you need to avoid them at all costs. Dig deeper ( 1 Min. Read )

Student Loan Debt

Mike Luckovich / Truthdig Jun 19, 2014 Dig deeper

Elizabeth Warren’s ‘Bank on Students’ Emergency Loan Refinancing Act to Get Obama’s Endorsement

Natasha Hakimi Zapata / Truthdig Jun 9, 2014 After some initial resistance, President Obama is expected to announce his support Monday for an overhaul of the federal student loan program proposed by Sen. Elizabeth Warren. Dig deeper ( 2 Min. Read )

Student Debt

Clay Bennett / Truthdig May 23, 2014 Dig deeper

Study: Highest-Paid University Presidents Benefit From Soaring Student Debt and Low-Wage Adjuncts

Natasha Hakimi Zapata / Truthdig May 20, 2014 It seems there's no coincidence that the university administrators with the fattest paychecks head schools in which students and adjuncts have the most to lose. Dig deeper ( 2 Min. Read )

Graduation

Adam Zyglis, Cagle Cartoons, The Buffalo News May 18, 2014 Dig deeper

Payday Lenders

Pat Bagley, Cagle Cartoons, Salt Lake Tribune Apr 20, 2014 Dig deeper

Payday Loan Hearings

Daryl Cagle, CagleCartoons.com Mar 30, 2014 Dig deeper

Germany Prepares for Third Greek Financial Rescue

Alexander Reed Kelly / Truthdig Feb 3, 2014 More austerity cuts are coming to Greece as Germany signals a plan to deliver a third rescue package for the debt-stricken country. Dig deeper ( 1 Min. Read )