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NEW YORK — Students took on more student-loan debt than they needed or could handle, during a borrowing boom from 2004 to 2008, largely due to relaxed borrowing standards set by private lenders, according to research from the Consumer Financial Protection Bureau and U.S. Department of Education released Friday. The students who took out those [...]
Lori Mendoza saw an advertisement last year from South Colorado Springs Nissan, a dealership that promotes itself as “Proudly Serving our Military” and promises bargains for men and women in uniform. That sounded good to Mendoza, an active-duty soldier stationed at nearby Fort Carson (Colo.) Army Base. With help from her mother, who co-signed on [...]
