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The Student Loan Scam- Book Review

“Education is life” as what J. Dewey says, that is why there are lots of programs created to help and convince people to continue education. Through education, ignorance has been eliminated. Aside from scholarship programs, student loans have been introduced to help those students who can’t afford to pursue their studies, preferably the low and middle class families. At first, student loan had been very helpful and effective. Many students have finished college and were able to land a job. Because of the successful output of this program, US were able to change the world, especially in the field of technology. Through this achievement, many students were criticized to continue to school. That was a way better before since tuition fees are very affordable. However after decades passed by, the insight of student loans has been changed. Instead of helping   the less fortunate people, they are the ones who put them down. So loan companies are making student loan scam. […]

By |July 1st, 2013|Weekly Resources|0 Comments

Student Loan News – June 28, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday June 28, 2013 Student Loan News: 1. Regulators seek flexibility from private student loan lenders:  Regulators on Tuesday called on private student loan lenders to offer more flexible repayment terms to borrowers at a time when many are struggling to pay off their debt. Testifying before the Senate Banking Committee, federal regulators said private student loans constitute a small portion of overall student debt, but many people are struggling to repay their loans and delinquency rates for such loans are high. […]

By |June 28th, 2013|Weekly Resources|0 Comments

Review – The Money Book for the Young, Fabulous & Broke

It seems like most people have a love-hate relationship with Suze Orman. Either they love her or they hate her. Although she is a renowned expert on all things financial, she often gives advice in a manner that is off-putting to many people. I have never really had much an opinion about her one way or the other, and have been known to listen to her show on occasion. I had not, however, read any of her books until being loaned The Money Book for the Young, Fabulous, & Broke. After having read it and taken much of her advice to heart, I have to admit to being fully on the pro-Suze Orman side. […]

By |June 24th, 2013|Weekly Resources|0 Comments

Student Loan News – June 21, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday June 21, 2013 Student Loan News: 1. Casey Comes out Swinging to Stop Student Loan Rate Increase:  With less than two weeks left before federal Stafford loan interest rates are set to double, U.S. Senator Bob Casey is speaking out against allowing the rates to increase. Part of the 2007 College Cost Reduction and Access Act included provisions to artificially lower the 6.8 percent student loan interest rate to 3.4 percent over four years, which was extended last year. That extension is set to expire on July 1, which would cause interest rates to essentially double overnight. Main site: http://www.politicspa.com/casey-comes-out-swinging-to-stop-student-loan-rate-increase/48920/ […]

By |June 21st, 2013|Weekly Resources|0 Comments

Student Loan News – June 14, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday June 14, 2013 Student Loan News: 1. Surviving Student Loan Default:  Rising student loan delinquencies have become worrisome, with banks writing off $3 billion in student loan debt during the first two months of this year alone. By February, about 850,000 students had defaulted on their loans in 2013, according to a March article on the Debt.org website. […]

By |June 14th, 2013|Weekly Resources|0 Comments

Student Loan News – May 31, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday May 31, 2013 Student Loan News: 1. What Sallie Mae's Split Says About Student Loans:  Student loan giant Sallie Mae announced a major change to its model today. It will split its growing, private student loan business from its shrinking government-backed loan servicing business. The company will turn itself into two, separate publicly traded entities: An education loan management business and a consumer banking business “to unlock value and enhance long-term growth potential.” Details here: http://www.forbes.com/sites/halahtouryalai/2013/05/29/what-sallie-maes-split-says-about-student-loans/ […]

By |May 31st, 2013|Weekly Resources|0 Comments

Easiest Way To Start Saving For Retirement After College (betterment.com review)

No matter how young you might feel, or how much you do not want to think about getting older, the fact remains that at some point in time you will be facing the age of retirement. If you have not made plans for your financial security at retirement age, you will find yourself living on the fringes of society, relying heavily on what little Social Security will be available for you. In order to prevent this scenario and guarantee a secure financial future, the easiest way to start saving for retirement is right after college. At Betterment, you will find all of the tools you need to start planning for your future today. […]

By |May 27th, 2013|Weekly Resources|0 Comments

Student Loan News – May 24, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday  May 24, 2013 Student Loan News: 1. Overdue Student Loans Reach Record as U.S. Graduates Seek Jobs:  Overdue student loans reached an all-time high as students struggle to find work after college, according to a government report renewing alarms about the rising burden of higher-education debt. Eleven percent of student loans were seriously delinquent — at least 90 days past due — in the third quarter of 2012, compared with 6 percent in the first quarter of 2003, according to the report by the U.S. Education Department. Almost 30 percent of 20- to 24-year-olds aren't employed or in school, the study found. […]

By |May 24th, 2013|Weekly Resources|0 Comments

Mint vs Intuit-Quicken vs Personal Capital for 20 Somethings to Manage Their Finances

For those 20-somethings who are looking for a good way to manage their finances, there are a variety of products and applications available. Not all of them offer the same things, just like none of them are appropriate for everyone. However, the right program is easy to find with just a bit of research. We have written this brief article comparing different financial management options in order to make it easier to decide which option best suits your needs. […]

By |May 20th, 2013|Weekly Resources|0 Comments

Student Loan News – May 17, 2013

Here are the best articles from around the web this week talking about student loans… For the week ending Friday  May 17, 2013 Student Loan News: 1. The truth about student loans:  As I finish up my second year of life in the “real world,” more and more is being said about the dangers of student loans and how they are our nation’s next big financial crisis. This is both alarming and refreshing. Whenever I talked about student loan debt before, I felt guilty. Getting accepted to and going to college is still such a privilege to a good portion of the population, so why would I ever complain about how much it costs? It was my choice to attend a private liberal arts college, so I should accept the consequences and be quiet about it. That said, I do not want to complain, rather relay a sense of reality that was not clearly presented to me while I was at Knox, attending classes, studying in the library, going to the Gizmo, soaking up sun on Post Lawn and waiting eternally for Flunk Day. More Details: http://www.theknoxstudent.com/news/2013/05/15/the-truth-about-student-loans/ […]

By |May 17th, 2013|Weekly Resources|0 Comments