Here are the best articles from around the web this week talking about student loans… For the week ending Friday October 11, 2013 Student Loan News: 1. SCO graduates show zero student loan defaults for 17th year: Student loan debt is the only form of consumer debt that has grown since the peak of consumer debt levels in 2008, according to the Federal Reserve Bank of New York. Balances of student loans have eclipsed both auto loans and credit cards, making student loan debt the largest form of consumer debt outside of mortgages. And while delinquency rates vary among age groups and over time, delinquencies are on the rise, particularly over the past year, according to the New York Fed. More details: http://www.bizjournals.com/memphis/news/2013/10/11/sco-graduates-show-zero-student-loan.html […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday October 4, 2013 Student Loan News: 1. Student-Loan Curbs Leave Black Schools in Peril: The President of Howard University, one of the nation's elite historically black schools, stepped down this week, highlighting the deep uncertainty black colleges are facing in the wake of new restrictions on loans on which many of their students depend. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday September 27, 2013 Student Loan News: 1. U.S. to Contact Borrowers With New Options for Repaying Student Loans: When President Obama last month announced proposals to make college more affordable, many critics focused on his plan to rate colleges based on measures like tuition, graduation rates, and the debt and earnings of graduates, and eventually to link financial aid to those ratings. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday September 27, 2013 Student Loan News: 1. Trillion-Dollar Student Loan Fiasco to Force Our Next Debt Crisis? Last week I wrote about how auto loans have reached their highest level since the third quarter of 2007 and how easy access to these loans was pushing car sales higher. Yes, ballooning auto loans are a problem, but there is a bigger ticking debt time bomb… […]
Nelnet (Nelnet.com) may appear to be just a student loan website, but it is so much more. Nelnet is a great resource for you through your student loan process for postgraduate and graduate education, and how to actually navigate the loan process. Yes, Nelnet offers how to find the right lender but they also offer the resources to choose the right loan, and how pay off your loans. They also help you figure out what to do if you can’t make payments and need to consolidate your loans. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday September 13, 2013 Student Loan News: 1. Susan Tompor: Some public service jobs offer student loan forgiveness Corey Nelson, 27, graduated from Michigan State University’s law school in 2012 with a plan to work his way out of six figures in student loan debt. […]
It’s the American dream. You work hard at school, get good grades and achieve your best possible SAT score. And in the presence of your delighted friends and family you graduate from high school with big dreams and high hopes of a graduate degree and your dream job. Except, that if you are like the majority of American college students, that dream comes at a price… and the interest rates could drown you. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday September 6, 2013 Student Loan News: 1. Parents face the student loan double whammy: At age 51, Charlene Rose had hoped to be socking away money for retirement by now. But instead, she's still paying off her student loans, largely for a master's degree she got to advance her career. And now she's got three kids in college, each of whom is taking out student loans of their own to pay for higher education. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday August 30, 2013 Student Loan News: 1. Student loan rates will feed federal profits: A law touted by politicians as their way of keeping money in the pockets of the nation's college students will instead funnel more than $700 million in additional profit into the federal government's wallet over the next 10 years, a new analysis shows. […]