WASHINGTON — The Department of Education has launched a new website to help people with student loans find a repayment option that best suits their needs. Continue reading ? The post Education Department launches new website for student loan borrowers appeared first on PBS NewsHour.
One of the biggest obstacles that prevent many graduates from investing either independently or through an adviser is the student loan. Student loans can weigh down individuals from seizing rewarding financial opportunities until they’re cleared of debt. Whether you’re a fresh graduate or still in school and have started repaying your student loan, these tips […]
Officials propose a new "playbook" aimed at helping student borrowers better understand their repayment options and avoid default
Each year, federal student loans help millions of Americans obtain a college education—an investment that, on average, has high returns. The earnings premium from a college education has risen steadily over the past decades, and today...Show More Summary
A new company based out of Austin, Texas is changing the way student loans are repaid while also showcasing some important lessons in entrepreneurship. Just this past February, Student Loan Genius raised $3 million in seed funding led by affiliates of Prudential and John Hancock. And looking at student loan [...]
WASHINGTON (AP) — The Department of Education has launched a new website to help people with student loans find a repayment option that best suits their needs. The move is part of an effort the Obama administration is undertaking toShow More Summary
Navient Corp., the nation’s largest student loan company, violated state laws that ban unfair or abusive practices by paying call center workers based on how quickly they could get struggling borrowers off the phone, a group of moreShow More Summary
Although Generation Xers may earn more than the previous generation, according to a Bloomberg Report, they are certainly not better off. Due to student loans and the urge of “looking the part” instead of “being the part,” Generation Xers are far more in debt than their parents ever were. As a result, they are less Keep Reading ?
Missouri Sen. Roy Blunt, of course a Republican, thinks the problem with student loan debt is that those damned college students just have too high expectations for their standard of living, and that's why they're drowning in debt. If they didn't take out so much damned money to live high on the hog, then they wouldn't be so far in debt. Show More Summary
If you are a prospective law student who is currently weighing her options between schools, no doubt estimated debt figures have entered into your analysis. But how much can you rely on these figures? According to the opinion of Shannon Achimalbe at Above the Law, you'd be prudent to watch......
Let me tell you about the year I was graduating high school. It was 1996. It was the year that the government was unable to balance the budget and they […] The post How My College Career Was Saved by Private Student Loans appeared first on Happy Mothering.
In the Senate, Ted Cruz opposed letting millions of Americans reduce their student loan payments. Continue reading ? The post Cruz’s position on student loans may hurt his appeal among young voters appeared first on PBS NewsHour.
It's easy to fall into the trap of common perception regarding millennials. They don't want to buy homes, they want jobs that align with their values, they have a mountain of debt from student loans and more. Well, at least on the last...Show More Summary
Before your student loan kicks in, you get a short grace period to prepare for the monthly payment. Some loans, however, accrue interest during that time. Student Loan Hero suggests paying off that interest to lower your overall balance. Read more...
It’s tough to find answers to specific financial aid questions when you don’t know where to start. LendEDU has a free financial aid text hotline offering simple but customized answers to put you in the right direction. Read more...
Hugh Kretschmer / The Atlantic Many law school grads can relate to Brandon’s predicament: To me, nothing summed up my experience better than your colleague Gillian’s July 2015 article, “Millennials Who Are Thriving Financially Have One Thing in Common... Show More Summary
“It’s grossly unfair that interest rates on student loans are two to three times higher than on auto loans.” –Bernie Sanders, post on Twitter, April 20, 2016 Sanders typically compares student loan interest rates to mortgage interest rates, to say that people should not have to pay interest rates of six to 10 percent on […]
Columnist Shannon Achimalbe warns against relying on the debt numbers of the law school marketing arm colloquially known as the U.S. News rankings.
A few short years ago, Michael and I looked at our bank statements and realized we were $33,000 in debt (not including our gigantic student loans). The story of how we got so deep is nebulous at best—lots of little unexpected thingsShow More Summary
Our phone is where we access work emails, reminders about student loan payments and phone calls to our mom. But our phone can be a source of relaxation, as well. Beyond funny videos, there are plenty of ways to use the Internet to relieve stress. Show More Summary