Trend Results : Student Loan Debt

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California sues Trump administration over Corinthian students' unresolved debt relief claims

The federal Department of Education is refusing to process debt relief claims from tens of thousands of students who had federal loans to attend Corinthian Colleges schools, California's attorney general said Thursday in the latest lawsuit against the Trump administration. More than 50,000 relief...

10 Great Ways to Avoid Student Loan Debt

When the average student graduates, she’s approximately $37,000 in the hole. That’s some education, all right. According to Forbes, more than 44 million students are up to their caps and gowns in student-load debt — to the tune of $1.3 trillion. That makes student loans the second highest debt category, behind only mortgage debt. However, […]

Independent auditor: Trump has made it impossible for students defrauded by predatory diploma mills to get their loans cancelled

yesterdayHumor / odd : Boing Boing

The US Department of Education's Inspector General has released a report saying that the DoE has stopped cancelling the debts of students who were defrauded by fake universities. (more…)

US not granting loan relief to defrauded students: inspector general

3 days agoNews : The Raw Story

The U.S. Education Department under President Donald Trump and Secretary Betsy DeVos has stopped cancelling the student-loan debt of people defrauded by failed for-profit schools and those borrowers face mounting interest and other burdens, its inspector general said on Monday. DeVos is seeking to...

Should you pay off medical school debt or invest in the stock market?

I am frequently asked the following question: “Should I pay off my student loans before I put money aside to invest in the stock market?” The person asking this quick and simple question is looking for a yes or no answer. The problem I am faced with is there is not enough information in the […]

Millions of millennials don't want gifts this holiday season — the reality is much sadder

A new survey indicates nearly 70% of Americans would prefer loan repayments for their student debt than gifts this holiday season. The findings highlight the student debt crisis, which has ballooned to $1.4 trillion. Retailers couldShow More Summary

Use these tips to save thousands on college

Here's how to pick a college that won't leave you with a mountain of student loan debt.

Here are all the ways the GOP tax plan kicks millennials in the teeth

Millennials are vulnerable to changes in both the GOP Senate and House tax plans. This is, in part, because they tend to have lower incomes and are saddled with student loan debt. They're also only just coming onto the home-buying scene,...Show More Summary

The real meaning behind high loan default rates among black students — another kind of college mismatch

As high school seniors head into the holiday season — also known less festively as college application time — they need to devote as much effort to calculating the debt they’ll take on as they do perfecting their admission essays. The data show that a lot of kids don’t know what they are getting...

20 States Take Away Licenses for Student Debt

Few people realize that the loans they take out to pay for their education could eventually derail their careers. But in 19 states, government agencies can seize state-issued professional licenses from residents who default on their educational debts. Show More Summary

Philadelphia Fed Study Debunks Main Argument for Student Debt Slavery

Evidence that the justification for putting student loan borrowers on the rack was ideological garbage.

DO TELL: The Great College Loan Swindle: How universities, banks and the government turned student

DO TELL: The Great College Loan Swindle: How universities, banks and the government turned student debt into America’s next financial black hole. If only someone, somewhere, had provided some sort of warning.

How much student loan debt people owe in each state exposes a pattern we should have seen coming

Student loan debt continues to be a huge burden for many Americans. Graduates in the Northeast have more debt on average, while those in the Southwest had the least on average. Families in the Northeast tend to spend more on collegeShow More Summary

'Did I buy a building?!' Mistake causes Sheboygan man's student loan debt to balloon to $3.9M

SHEBOYGAN (WITI) — How does a college loan worth a few thousand dollars suddenly skyrocket to a few million? It happened to one UW-Milwaukee graduate. When he wasn't getting answers, he turned to FOX6's Contact 6 for help. Read more... Permalink | Email this | Linking Blogs | Comments

Millions Of Millennials Could Be Trading Sex For Their Next Debt Payment - Here's How

As the storm clouds of peak stupidity gather over the heads of the millennial generation who were conned by banks, government, and universities to take out excessive amounts of leverage in auto loans, credit cards, and student debt;Show More Summary

One Chart Proves Auto SAAR Numbers Are Nothing More Than A Rigged, Debt-Fueled Farce

Earlier this morning the New York Federal Reserve released their quarterly consumer credit report which detailed, among other things, delinquencies rates on every type of consumer debt from mortgages to student loans. Now, given the 4.3% unemployment rate in the U.S. Show More Summary

The Fed Issues A Subprime Warning As Household Debt Hits A New All Time High

After we first reported last week that US credit card debt once again rose above $1 trillion, despite a recent sharp downward revision to the data, while both student and auto loans rose to a fresh record high... ... it would probably...Show More Summary

Study explores link between college debt, 'boomerang' effect

While both college debt and the "boomerang" phenomenon are growing, a new study casts doubt on the notion that staggering student loans are driving young adults back to their parents' doorsteps.        

How one young couple repaid $87,000 of student loan debt in 27 months

It’s not often that I find stories about money bloggers in my local newspaper. But that’s just what happened when I opened the “Neighbors” section of the Lake Oswego Review last week! Jacob (26) and Marissa (23) Lyda graduated from college with a combined $87,000 in student debt. Show More Summary

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