As college costs continue to increase and the student debt burden grows, more lenders are offering flexible, and possibly cheaper, options.
For anyone concerned that $800 billion in student loans over the last decade simply won't be enough debt burden for millennials to carry, worry no more, a solution has been found. $800 billion in new student loans in the past decadeShow More Summary
Keegan Brennen was a talented artist who died of a brain aneurysm at the age of twenty-two. His $78,000 in federal student loans were forgiven upon his death. But his grieving parents were cold-cocked by the news, however, that they now owe $33,000 in taxes, according to the Portland Press Herald....
Student loan refinancing can help you save money on interest, but it’s not always ideal. In deciding whether or not it’s a good option, it helps to know the risks associated with refinancing. Student Loan Hero runs down some of these risks. Read more...
Dear Liz: My wife and I both had excellent credit scores. Now mine are in the dump. I co-signed for a friend's daughter's school loan 10 years ago. I know now this was a bad mistake. I guaranteed $25,000. Now two things have happened: The daughter quit paying the loan and the friendship took a...
Repaying your student loans can be a serious challenge. In fact, around 20% of federal direct student loan borrowers in repayment are at risk of defaulting or are already in default. There are lots of options out there to make repaying easier, but they can be confusing and hard to find. Not to mention the student debt help scams out there.
According to a new study, not only are the odds of student loan indebtedness twice as high for low-to-moderate income black students as they are for low-to-moderate income white students, but low-income black students have nearly $8,000 more in student debt than their white counterparts.
Above the Law, Are Average Student Loan Debt Figures Misleading? Above the Law, Are Law Schools Just Liberal Indoctrination Factories? Above the Law, New York’s February Bar Exam Results Reveal Worst Pass Rates In More Than A Decade Eric Adams (Alberta), The Dean Who Went to Law School: Crossing Borders...
The White House recently unveiled a new website that specifically caters to educational or student loans payments. The effort is part of a series of initiatives put forth to improve the way the government collects these fees. According to reports, government agencies are now working to provide 43 million Americans, who have $1.3 trillion in... Show More Summary
Our guest blogger, Kathryn Bradt, is one-half of the duo behind the Dames in Debt blog. The Dames are sisters working off their combined $250,000 worth of student loans and consumer debt while keeping it real about the struggles of being twenty-somethings in expensive cities with limited funds. Credit cards…love them or hate them, […]
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......