Student loan scenario in US is worrisome: Reason is still vague
The US economy is not very bad and the rate of unemployment has also reduced but more and more Americans are defaulting on student loans, a mystery that is yet to be unraveled. In this article, let us find out some More...
Student Loan Forgiveness Program at a Standstill under Trump Administration
A letter from Illinois Senator Richard J. Durbin reveals that not a single application for student loan forgiveness under the borrower defense statute has been approved since Donald Trump has taken office. With More...
The Government Can’t Handle Student Loan Debt Collection
In recent days, it has been discovered that American taxpayers are paying $38 to collect just $1 of student loan debt–this is according to Bloomberg analysis. Of course, with the student loan debt at over More...
Student Debt Higher Than Credit Card Debt in the US
There has been plenty of news coverage regarding the fact that college students are more in debt than they have been ever before. According to sources online, the student loan debt just surpassed $1.4 trillion. More...
Q2 Personal Loan Market Shifts to Better Deals
The market for personal loans saw a decline during the 2nd quarter of 2016, according to the latest report from Bankrate. This is the first time the personal loan market has seen such a decline since it started More...
Hillary Clinton rolls out debt-free, college-for-all plans
Wednesday, Hillary for America is announcing additional measures to her New College Compact to make debt-free college available to all American families. In addition to existing provisions such as allowing More...
4 Ways to Fund Your Back-to-College Career
Are you considering returning to school? Wanting to start over with a new career? If so, it may be time to look at universities and colleges. One of the biggest factors that comes into play with a back-to-school More...
Student Loan Debts Still a Crippling Issue, But Bankruptcy May Be a Way Out
As recent as the last quarter of 2014, it was estimated that 40 million Americans have at least one outstanding student loan. At least one. That is a scary figure, specially if you consider that there were only More...
Gay marriages now recognized for financial aid purposes
PRESS RELEASE: As part of the U.S. Department of Education’s ongoing efforts to implement inclusive policies that reflect the diversity of American families, and consistent with the U.S. Supreme Court’s More...
Student Loan rates double as CBO reveals money used for Obamacare
Interest rates on federally subsidized Stafford student loans doubled overnight, soaring from 3.4 percent to 6.8 percent after Congress failed to reach a deal. The news broke as the CBO (Congressional Budget Office) More...
With student loan interest rates to double in July, Elizabeth Warren introduces Bank on Students Loan Fairness Act
Federally subsidized student loans is set to double from 3.4 to 6.8 percent starting July 1; however, Senator Elizabeth Warren (D-MA) says that students should benefit from the same interest rates that the big More...
