Category:
Students
The terms “student loan forgiveness” and “student loan discharge” are used interchangeably for a good reason: They both mean you are no longer responsible for what is left of your…
When the bell rings to start a new school year, college students, especially the 70 percent using loans to pay for expenses, need to catch up on a few news…
The Consumer Financial Protection Bureau sent a jolt through the for-profit college industry this week when the federal agency sued ITT Educational Services Inc. for predatory lending practices, saying it…
Americans are taking out more loans than ever to pay for college and defaulting on them in record numbers. Politicians, most notably U.S. senators Dick Durbin, D-Ill., Jack Reed, D-R.I.…
It’s hardly a surprise that loan consolidation is a popular option for people looking to lessen the burden of their student loan debt. Too many students today graduate with too…
A new government report shows the U.S. Department of Education generated $41.3 billion from federal student loans in the 2013 fiscal year, making it the third most profitable industry in…
The pros and cons of student loans are a hot topic for college administrators, students and parents as each side grapples with ways to absorb the soaring cost of…
The U.S. House of Representatives on Wednesday ended a prolonged debate in Congress with an overwhelming 392-31 vote supporting the Senate’s plan to rework student loan interest rates. The Bipartisan…
The U.S. Senate late Wednesday reached another deal to reset student loan interest rates, but it is unclear when that proposal will reach the floor for a vote. Interest rates…
The American Dream is the ideal where parents work hard so they can own a home, send their kids to college and watch them grow up into happy and fiscally…