Here are the best articles from around the web this week talking about student loans… For the week ending Friday January 31, 2014 Student Loan News: 1. Why Banks Shouldn't Write off the Student Loan Market: As I read “Worrisome Spike in Student Loan Write-Offs” in the January 2, 2014 American Banker, I realized this data rich account told only part of the story. There is another dimension worth telling. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday January 24, 2014 Student Loan News: 1. Borrowers begin to see refinance options for private student loans: Charter One has joined the few lenders offering refinancing for private student loans. The Consumer Financial Protection Bureau has been leaning on banks to make it easier for students to refinance private student loans, many of which came with low variable rates before a higher rate kicked in. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday January 10, 2014 Student Loan News: 1. Student loan system needs an overhaul: The student loan system is broken, and we need new ideas for fixing it. Student debt now totals more than $1 trillion, and students are borrowing some $113 billion a year. With this year’s college graduates owing $32,500 on average, these debts threaten to be dead weights on their financial futures. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday January 03, 2014 Student Loan News: 1. Loan Monitor Is Accused of Ruthless Tactics on Student Debt: Stacy Jorgensen fought her way through pancreatic cancer. But her struggle was just beginning. Before she became ill, Ms. Jorgensen took out $43,000 in student loans. As her payments piled up along with medical bills, she took the unusual step of filing for bankruptcy, requiring legal proof of “undue hardship.” […]
Preparing for the great opportunities of life with a quality college education is a very important step for a good future. Education, however, is just not as cheap as it used to be. Even after you are able to secure some financial aid, and maybe even a scholarship, there may still be a need for more money. Many financial institutions offer relatively easy ways to get a student loan. Here are some things you need to know in order to get a loan for your educational needs. […]