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Public colleges and universities under fire for promoting controversial education loans

A report from the Student Borrower Protection Center accuses schools, such as Virginia Tech and Indiana University, of promoting specialty finance companies that can charge double-digit interest for loans with opaque terms to students in non-degree programs.

Climb Credit Taps Zest AI To Increase Student Loan Access And Inclusivity – Bankless Times

Climb Credit Taps Zest AI To Increase Student Loan Access And Inclusivity Zest AI, a provider of software for credit underwriting, today announced a partnership with Climb Credit, a lender committed to a more efficient and inclusive way to fund education. Climb is using Zest’s Model Management System to power its student lending credit model and further enhance accuracy and fairness. The Zest-built model’s ability to improve accuracy can generate higher approval rates while further minimizing the impact of credit bureau data known to correlate with race, gender, and ethnicity. Climb’s mission is to create lending and payment solutions that improve access for all Americans to attain professional and skills-based education focused on improved career opportunities. It helps people finance career-advancing education with proven returns, such as select trade schools and software development bootcamps. Building on its prior underwriting model that performed well above industry b

Royal Coal Corp : Royal Coal Announces Termination of Proposed Transaction with Climb Credit

Royal Coal Corp : Royal Coal Announces Termination of Proposed Transaction with Climb Credit
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Blue Line Aviation Orders 50 Diamond Aircraft

The agreement places 50 current orders with options for 50 more DA40 NGs and DA42-VIs. The Diamond Simulator on order for Blue Line Aviation will replicate the DA42-IV, along with the DA40 NG. Diamond Aircraft Blue Line Aviation, of North Carolina, has ordered 50 new DA40 NGs and DA42-IVs, and a Diamond Simulator, with an option for up to 50 additional aircraft. The company is celebrating its eighth anniversary, and it already has 16 aircraft on the flight line—with 10 DA40 NGs and two DA42-IVs in service. “I’m thankful to everyone that has played a part in making Blue Line what it is today. We couldn’t have done it without the hard work of our staff, students, and friends at Diamond Aircraft,” said Trey Walters, the CEO and founder of Blue Line. â€œCurrently, we train approximately 40 full time students at a time in our 5.5-month career pilot course. We expect to triple that, or more, with the new aircraft and recently announced full student fin

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