The U.S. Department of Education is about to miss its July 1 deadline on three key directives from President Barack Obama regarding fair treatment of borrowers struggling with federal student loans. The deadline was set in a March presidential...Show More Summary
As a new crop of high-school grads prepare for adulthood, they are faced with a life-changing decision: when, where, and whether to go to college. Despite increasing tuition rates and growing student loan debt, college grads still make 60% more than high-schools grads on average. Show More Summary
Are you thinking of buying a house sometime soon? Or how about refinancing your student loans? If you’re thinking of doing either, there’s a number you should know aside from the all-important credit score. It’s your debt-to-income ratio,...Show More Summary
When students get private student loans, more than likely they have parents cosign their loans. Why? At 18, you really don't have the income or the credit to be a worthy borrower yet. So parents aren't co-responsible for their student loans forever, many private student loan lenders offer a cosigner [...]
A fast-growing number of seniors are hitting retirement with a student debt burden. Even their Social Security is at risk.
Is the rate on your student loan too high? Here's what you need to know to find out if your interest rates are fair and -- if not -- how to lower your student loan interest rates. How Do Your Student Loans Rates Compare? appeared first on Money Under 30. © Moneyblogs, LLC.
The growth in the online student loan refinancing marketplace means that borrowers could see more options, more transparency, and better student loan rates.
Over the last decade, two huge issues — rising student loan debt and the lack of entry-level jobs – have been on a collision course. Everywhere we look, we see stories about the growing number of students who accrue debt without ever...Show More Summary
Back in April we asked if the student loan bubble was about to witness its 2007 moment. The reference, of course, was to a wave of MBS downgrades in July of 2007 which sent a series of tremors through global financial markets and triggered...Show More Summary
When realizing the current debt situation in the United States, it can be difficult to maintain an optimistic outlook on the future. The national debt, is now over $18 trillion, and many U.S. citizens are finding themselves living with debt as they try to cope with the current economy. Show More Summary
Dear Liz: I am trying to help my daughter deal with enormous student loans.
A new study finds that the majority of Americans are losing sleep over fiscal woes -- and Gen Y, in particular, because they're steeped in student debt.
When parents or grandparents co-sign on student loans, they find it impossible to hand off the loan to the student. The post Private student loan co-signers rarely let off the hook appeared first on Elliott.
There are ways to delay repaying your student loans - either student loan deferment or forbearance - but borrowers need to be aware of the consequences of not paying their student loans.
Trend that began with the 2008 financial crisis has continued to build with action on everything from debt relief firms and payday loans to mortgage kickbacks.
MIAMI -- In the real estate industry, all eyes seem to be on millennials: Will they or won't they buy homes? New research from credit bureau Equifax suggests that student loan debt is what's keeping many in this cohort from taking the plunge into homeownership...
The U.S. Consumer Financial Protection Bureau says private student loans are causing serious financial setbacks for borrowers and warns of pitfalls accompanying practices that have taken off in the industry over the past couple of years.
Getty Images Recent college graduates are currently enjoying a luxurious six-month grace period on their federal student loans. The government offers this breathing room to give graduates a chance to find a job and actually be able to afford paying back loans. Show More Summary
Fortune, How This MBA Racked Up an Incredible $350,000 in Student Debt: For Kellogg MBA Cacky Calderon, far more is at stake than money when it comes to paying off her staggering student debt. And staggering it is: Calderon earned an MBA and a law degree simultaneously from Northwestern University....
Question: Dear Steve, My husband and I have $260,000 in student loan debt, we've paid $35,000 toward this debt in the last 5 years and it's gone up $30,000. My husband makes $36,000 a year (I am, currently, a SAHM who cannot find a job),...Show More Summary