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Sen. Ron Johnson on slashing student aid: Federal loans are a waste because ‘college is fun’

8 hours agoNews : The Raw Story

U.S. Senator Ron Johnson (R-WI) suggested on Saturday that students were taking out loans because “college is fun.” While speaking to a group of constituents at a town hall event in Verona, Johnson was asked about the high cost of higher education. Johnson said that he had been trying...

America’s Student Loan Debt is Over a Trillion Dollars. Who Owes All This Money—and Why?

Beloved astrophysicist Neil deGrasse Tyson once quipped that a stack of a trillion dollars would reach the moon and back four times. So calling America’s student loan debt—currently at $1.1 trillion—astronomical is not much of a stretch. Show More Summary

11 Often Overlooked Tax Breaks That Can Save You Hundreds

By Marisa Torrieri This post originally appeared on LearnVest. Charitable donations, check. Student loan interest, check. Major medical expenses—you’ve got a receipt for every doctor’s visit. With less than a month to go until Tax Day, you’re probably zeroing in on anything that could help lower your tax bill. But unless you’re an expert [...]

Will you ever pay off your student loan?

Would-be participants of higher education must be given full and transparent advice before they accumulate debts as students that follow them into the workplace, according to a report published in the International Journal of Pluralism and Economics Education. read more

Can’t Pay Your Student Loans? In Some States It Might Cost You Your License To Drive Or Work

In addition to causing irreparable damage to their credit scores, student loan borrowers who default on their debts face a much more devastating and counter-intuitive danger: the lost of their driver’s or occupation licenses, including...Show More Summary

Miles Teller Explains Why He Hasn't Paid Off His Student Loans

Miles Teller admits he still hasn’t paid off all his student loans from his time at New York University! “My business manager says the interest is so low, there’s no sense in paying them off,” the 28-year-old actor shared to Vulture. PHOTOS: Check out the latest pics of Miles Teller Miles added, “I can, if [...]

More Than 100 National Consumer Groups Urge The CFPB To Issue Rules Over Forced Arbitration Clauses

Just weeks after the Consumer Financial Protection Bureau released a report showing that tens of millions of Americans have clauses in their credit card, checking account, student loan and wireless phone contracts that take away their rights to sue those companies in a court of law, more than 100 consumer groups have signed a letter urging the Bureau to address … [More]

Student Loan Borrower’s Bill Of Rights Would Reform Disclosure And Servicing Standards

In recent weeks, legislators have introduced a range of bills aimed at addressing student loans and revamping the laws governing those debts. Today, that push continued with the reintroduction of a bill that would ensure student borrowers are treated fairly and understand the range of options at their disposal. The Student Loan Borrower’s Bill of Rights – which was … [More]

Miles Teller Hasn't Paid Off His Student Loans Yet! Where Does All That Hard Earned Money Go?!

This just goes to show that celebs are so much like all of us! Who the heck wants to pay off all of their student loans?! Sensible people, for one, but where's the fun in that? LOLz! Miles Teller admitted to Vulture he's contributing to the overall student loan debt in the U.S. because he has yet [...]

Join a Twitter Q&A on College Affordability

The most important investment you can make in your future is to pursue a higher education, and yet, it's never been more expensive. Yesterday, President Obama took new steps to make it easier for students to manage college loan debtShow More Summary

Is Now The Best Time To Refinance Your Student Loan?

Comparing the options for refinancing bother private and Federal student loans, and helping borrowers decide if fixed rate or variable rate student loans make sense.

Don’t Put Your Retirement at Risk to Pay for Your Kid’s College

We all know that the cost of college is on the rise. Many students can’t attend without the help of student loans — even if they do have some savings and manage to earn scholarships. The growing concern over student loan debt seems to...Show More Summary

Getting a Mortgage with Deferred Student Loans

Deferred student loans are a great way to get yourself through college without having to worry about finances, but once you graduate, they could be a thorn in your side. If you are trying to get a mortgage, your deferred loans will play a large role in your approval (or denial). Show More Summary

When Student Loans Pay Off

Data Visualisation by @columnfive. Data Source: New York Times Student Loan Repayment Calculator.

Pay Off Your Student Loans with Trivia

Givling is a trivia game that allows those with college tuition debt to win money to pay off what not even filing for bankruptcy can

The Careers That Qualify You for Student Loan Forgiveness

Student loan debt can be suffocating. If you're a teacher, or work in healthcare, relief may be available in the form of little-known loan forgiveness programs. If that's you, here are some details. Read more...

Debt of Average British Household to Reach Record $15,000 in 2016

A report by PricewaterhouseCoopers predicts that an average household in the United Kingdom will owe approximately $15,000 in personal loans, student borrowings and credit card debts by the end of 2016.

Republican Budget Proposes Drastic Changes to Medicare, Medicaid, Obamacare, Social Security and Student Loans

The House of Representatives will take up a Republican budget next week that proposes to drastically change Medicare, Medicaid, Obamacare, Social Security and Student Loan programs. The Republican budget would balance the budget in ten years mainly by slashing social and entitlement programs. Show More Summary

'Student Loan Debt Is the Enemy of Meritocracy'

Thomas Piketty on a theme I've been hammering lately, student debt is too damn high!: Student Loan Debt Is the Enemy of Meritocracy in the US:...the amount of household debt and even more recently of student debt in the...

MSNBC host whines that he can’t declare bankruptcy on $170,000 student loan debt

We all love watching people on TV talk about how rough their lives are, right?  Click here to watch MSNBC’s Blake Zeff complain about his student debt… MSNBC host, and

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