Author: administración

Key PointsThe Department of Education is moving forward with a rule that would cut off federal student loan access for college programs whose graduates earn less than a typical high school graduate (for undergraduate programs) or less than a typical bachelor’s degree holder (for graduate programs).Programs that fail in two out of three consecutive years lose Direct Loan eligibility for at least two years.Institutions where more than half of students or funding comes from failing programs could lose all Title IV aid (including Pell Grants) for those programs. The U.S. Department of Education is moving forward with a proposed rule…

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A new class action lawsuit accuses Intuit, TurboTax, Credit Karma, and four partner banks of charging active-duty military borrowers fees on “0% interest” refund advance loans that exceeded the legal cap under the Military Lending Act. The case, Bostick v. Intuit Inc., was filed March 31, 2026, in the U.S. District Court for the Southern District of California (Case No. 3:26-cv-01444).Why It Matters: The Military Lending Act caps the Military Annual Percentage Rate (MAPR) at 36% for active-duty service members and their dependents. That cap doesn’t just cover the stated interest rate — it includes fees, required insurance premiums, and most other…

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