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Financial Aid Woes? Could A College Education Abroad Be The Solution?

Financial Aid Woes? Could A College Education Abroad Be The Solution?

By Toni Matthews-El October 21, 2014

In the United States, the complexities of trying to qualify for financial aid while preparing to owe thousands in student loans is the norm. So much so that a serious question almost never pops into the minds of troubled teens …

Obama Tackles Student Loan Debt Crisis

Since President Barack Obama was elected in 2009, the federal student loan debt increased to 517 percent. The Federal Reserve Bank of New York estimated the student loan debt at $1.1 trillion with $650 billion in credit card debt. Although …

Student loan debt is hot button topic for Americans Student loan debt is hot button topic for Americans

Elizabeth Warren (D-MA) has been working on behalf of Americans with student loan debt since she took office in 2012. The first bill the freshman senator ever filed, back in May 2013, was designed to offer new, shockingly-low student loan …

Elizabeth Warren Seeks to Lessen Student Loan Burden

On Monday, President Obama signed an executive order which would extend the ability to cap one’s student loan repayment amount at 10 percent of one’s income, finally allowing those who borrowed money before 2007 to take advantage of an opportunity …

Sallie Mae To Refund Military Members

Student loans are already bad enough, but the interest rates are what kills most graduates trying to pay it all back. With interest rates capped at 6 percen for military members, it’s not as bad as it could be. Unfortunately …

Debt Consolidation Can Help Those With Student Loans Debt Consolidation Can Help Those With Student Loans

Debt consolidation isn’t a term you hear all that often outside of financial circles. After all, why would a young student have to worry about lumping their debt together? For the student with thousands of dollars in debt across different …

Student Loans: 3 Ways to Avoid That Mess

For many young people about to head off to college (in the U.S.), the necessity of student loans is a foregone conclusion. You have to get them, right? Your parents had them. The only way to avoid it was to …

Graduate Student Loans Regulations Proposed by Obama Graduate Student Loans Regulations Proposed by Obama

The Obama administration took new steps on Friday and proposed “gainful employment” regulations to hold for-profit colleges and other career training programs accountable for producing graduates who can earn enough money to pay back student loans. The regulations are intended …

Debt Consolidation: Beware of Student Loan Scams Debt Consolidation: Beware of Student Loan Scams

It seems that just about everyone has student loan debt at one time in their lives, and as far as debt is concerned, that seems to be the kind that holds on the longest. If you’re having trouble paying down …

School Debt Highest Among Americans with Poor Credit

The sharp rise in the nation’s student loan debt, now upwards of $1 trillion, is most concentrated among Americans with poor credit, according to a report released by the Federal Reserve Bank of New York on Tuesday. According to the …

Find debt relief for student loans
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Student loan debt is mounting and although earning a degree can promise a better career after graduation – the debt can be stressful to those saddled with huge loans. Today, nearly 40 million Americans are burdened with $1.2 trillion in …

Student Loan Default Protection May be Near
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If your heart involuntarily jumps whenever you see “student loans” trending in the news with the hopes that well— maybe they’re finally ruling them away somehow… Democratic senators Dick Durbin, Jack Reed, Elizabeth Warren and Barbara Boxer may soon become …

Occupy Wall Street Buys Debt at 50-1, Abolishes It
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Reuters and the Guardian both report one of Occupy Wall Street’s spinoff groups, the Rolling Jubilee Project, announcing this week that they have successfully bought $14.7 million in healthcare debt accumulated by Americans for roughly $400,000. Rolling Jubilee was set …

Financial Aid Changes at UVa Protested by Students

In August of this year, board members at the University of Virginia decided to made significant changes to its financial aid program, called AccesUVa. According to the University of Virginia, this program accommodated 100% of the demonstrated need of students …

Student Loan Deal Signed by Pres. Obama Student Loan Deal Signed by Pres. Obama
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This past Friday, President Barack Obama signed the Higher Education Act into law, an act that the AP reports restored lower interest rates. The President also pledged to continue lowering the costs of a college education. “Feels good signing bills. …

Student Loans: Dealing with the Interest Rate Jump

Unless fortunate enough to already have the funds to pay for college, most college students will have to take out a student loan at some point within their college career. In fact, there are currently 37 million borrowers in the …

Student Loan Rates Will Double, Unless...

Come July 1, student loan interest rates will double from 3.4% to 6.8%. That rate jump will only affect all new federally-subsidized student loans, not existing loans. Lots of folks are looking for ways to remedy the high-interest situation. BusinessWeek …