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Judge tosses Trump 2020 election case; Maryland trains more health workers to offer abortion care; New England clinics see post-election spike in contraceptive requests; Report: CT teacher pension financing creates inequity.

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The special counsel wants to drop the January 6 charges against President-elect Trump. U.S. officials hint at a ceasefire in Lebanon, and Trump's pick for 'border czar' warns states that are promising to fight strict immigration policies.

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The health of rural Americans is getting renewed attention from the CDC, updated data could help protect folks from flash floods like those devastated in Appalachia, and Native American Tribes want to play a key role in the nation's energy future.

Missourians Could See Protection from Predatory Student Loans

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Monday, July 30, 2018   

JEFFERSON CITY, Mo. – In Missouri, 70 percent of college graduates leave school with debt, and navigating the payback process for their loans isn’t easy.

That could change with a bill introduced in Congress this month that has gotten support from numerous higher education and consumer groups.

The Aim High Act (HR 1772) is intended to make institutions more accountable and transparent to the public.

"It's a comprehensive package that seeks to make college more affordable, more accessible, and hold institutions more accountable for the results that they achieve,” explains Ashley Harrington, a special assistant to the president of the Center for Responsible Lending. “And so we think that it's a big, strong step in the right direction."

The Aim High Act also would prohibit lenders from forcing students to sign agreements at the beginning of their loan that ban them from seeking arbitration or a class action lawsuit if they are harmed in the process of the loan.

The average student loan debt per person in Missouri is $26,000, according to LendEDU, an online marketplace for financial products. Nationwide, 44 million consumers owe $1.5 trillion collectively.

If passed, the legislation also simplifies the loan repayment system to include one standard plan and one income-based plan that is accessible to all borrowers.

Harrington says the current system is confusing for borrowers.

"It's really hard to navigate which ones you qualify for,” she states. “You have to re-certify every year for an income-based repayment plan, and if you forget to re-certify you will automatically be transitioned from that income-based repayment play to a standard plan."

There also is increased support for minority institutions and others whose enrollment includes a large portion of low-income students.

The Aim High Act currently is in a House committee for consideration.

The LendEDU study is online at lendedu.com.


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