The U.S. Department of Education today announced two changes to its student loan program designed to ease debt burdens for some borrowers, but if you dig into the details, it won't be the kind of relief occupiers of Wall Street and elsewhere are demanding.
One change will reduce interest rates...
You didn’t have to own a home to feel the effects of the housing crash. The student loan problem could have similar ripple effects. Student loan debt has topped $1 trillion as two-thirds of students graduate with debt. There are nea... Read Post
President Obama announced his new “Pay As You Earn” proposal today, designed to ease the burden of student loans. His administration says it will reduce monthly payments for 1.5 million borrowers, consolidate loans, and reduce inter... Read Post