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

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

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…

Student Loans Spike to Top $1 Trillion

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…

Student Loans – Students Up To Their Eyeballs In Debt Can Find Relief

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

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

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

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…