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Monday, dec 23
Tag:
Student Loans
News
Another Millionaire Made In NJ: 15 Lottery Players Win Big Money At Annual Event
The New Jersey Lottery has made another millionaire. The NJL held its Million Dollar Replay Grand Prize Drawing was held Friday, March 24 at Caesars Atlantic City Hotel & Casino, where more than $1.5 million in prizes were awarded to contest lucky players. The millionaire himself? Ed Schlesinger of Ocean County. Schlesinger was shocked and overjoyed when he heard his name called. His son immediately sent a group text to the family who thought he was joking, and called right away to confirm the good news. He plans to use the prize money to help his family pay off student loans, car p…
News
Lawsuit
: Student Loan Giant Crippled NJ Borrowers, State Authorities Charge
One of the nation’s largest student loan servicers has screwed young borrowers in New Jersey, state authorities charged Tuesday in a blockbuster lawsuit against Navient. This includes deliberately fooling some of them into paying back more money than was due at the time by lying about the amounts, they said. “Higher education should be a pathway to success, not a road to financial ruin,” Attorney General Gurbir S. Grewal said in announcing the suit's filing. “Even before the financial fallout from the COVID-19 pandemic, too many New Jerseyans were struggling to pay off their student loans,…