U.S. Education Department Fights with States Over Student Loan Protections
The U.S. Education Department, led by Secretary Betsy DeVos scaled back consumer protections for student borrowers last year. Six states and the District of Columbia responded by accelerating their own efforts to More...
Fake News: Student loan expert Drew Cloud cited by media does not exist, he’s a ‘pseudonym’ for authors linked to LendEDU
photo/ Gerd Altmann via pixabay In an era of fake news, The Chronicle of Higher Education may have just unmasked one of the biggest lies of all: self-described debt expert and journalist Drew Cloud does not exist, More...
Should You Get an Unsecured Business Loan?
Out of the different loan options available out there, there are times when an unsecured business loan might be the most advantageous in certain instances. You’ll get plenty of advantages in return such as More...
Just How Bad is the US Debt Situation?
At a macroeconomic level, total US debt stands at $20, 593,984,866,096. That translates into an average debt of $63,097 per citizen, or $170, 423 per US taxpayer. From the government’s perspective, federal tax More...
Change Your Student Loan and Save Money
A change to your student loan arrangement could help you to save cash. If you’ve recently graduated then you most likely have a pretty significant volume of student debt. And it might seem like that debt is never More...
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...
New survey: Half of millennials would give up their right to vote to have their student loan debt forgiven
Vote sign photo/ Leslie Andrachuk via pixabay 42.3 million Americans owe a total of $1.33 trillion in federal student loans, according to the U.S. Department of Education. 20-somethings pay on average $351 a month, More...
Bitcoin Cash Falls 5.38%, Dollar on Path for Weekly Loss
Bitcoin continued to recover on Thursday. The cryptocurrency rose 2.45% to trade at $4,227.3, up over $101 on the day. The currency suffered a drop earlier in the week, pushing the currency briefly to $3,600 before 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...
New study: Millennials claim student loan debt, global warming worse than North Korea
America’s millennials, the largest living generation in the world, appear to be really stressed out about their student loan debt, so much so that they think it’s about as bad as their greatest fear More...
The Great Freshman Dropout Rate
The Numbers The United States is among the most developed nations in the world. It has strong technological development and an even stronger currency. It is highly paradoxical, then, that about 41% of first-year 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...
College Students in Crisis: Why Homelessness and Hunger is Growing in Our Young Scholars
It’s the American dream to grow educated and become successful. A core education is the ‘key to the kingdom.’ Yet, for many college-aged students, the pursuit of higher education is aligned with added 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...
What to Do When You Are Blacklisted by the Bank
Getting blacklisted from the bank is no laughing matter. It is a serious condition that may affect your standing, your financial capability and your ability to acquire personal loans for your use. During these scenarios, 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...
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...
