New Florida law requires colleges to spell out student debt

July 14, 2017

As national student debt grows to $1.4 trillion, Florida colleges and universities are now required to provide students with annual reports that detail how much they’ve borrowed, their anticipated total loan amount and monthly payments. The new state law, which took effect July 1 and applies only to federal loans, is intended to help students keep track of how much they owe.

Posted in Quick News on July, 2017