Veterans and their dependents face a unique series of challenges when funding their education. Luckily, a number of organizations offer financial aid and assistance to those affected by active military duty. The following resources provide educational benefits for veterans and their families: […]
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. […]
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/ […]
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. […]
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/ […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday May 10, 2013 Student Loan News: 1. Used Wisely, Student Loans Can Improve Your Life: Student loans changed my life, but in a different way than most. I started school at a community college in the Bay Area after going through a divorce and finding myself with custody of my two sons, 3 and 4. I was a full-time dad, and worked full-time while taking up to 20 units per semester at my local community college. I received subsidized daycare and dropped my boys there on the way to class, and picked them up on the way home. My mom would watch my boys when I went to work in the evenings as a waiter at a local steak house. I ran a window-cleaning service on weekends when I wasn't working at the restaurant, and I managed to avoid student loans for the first four years of college. View full story: http://news.yahoo.com/used-wisely-student-loans-improve-life-212500339.html […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday May 3, 2013 Student Loan News: 1. How to Get Out of Student Loan Debt: More and more student loans are becoming the most problematic debt anyone can own. At some point in the past couple of decades, student loans went from a leg up to financial slavery. There is a lot of information out there about how to deal with troublesome student loan debt and payments. But I thought I'd put together the ultimate no-holds-barred guide on how to deal with student loan debt that becomes unaffordable. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday April 26, 2013 Student Loan News: 1. Student Loan Borrowers Need Enforcement and Repayment Flexibility: Earlier this year, the Consumer Financial Protection Bureau (CFPB) asked for public comments on private student loan debt affordability. By the April 8 deadline, more than 4,300 organizations and consumers answered. The volume of these requests suggests that the more than $1 trillion of debt already incurred by student loans is on the minds of many Americans. Clearly, consumers want repayments to be manageable, but there are also concerns for fairness and enforcement. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday April 19, 2013 Student Loan News: 1. Young people with student loans shy from homeownership: For the first time in at least a decade, 30-year-olds who didn't take on student loan debt in college are more likely to own homes than those who did, a new report from the Federal Reserve Bank of New York finds. That switch may have long-term implications for both the rental and owner housing markets as college-educated but debt-laden young people put off (or forgo altogether) a transition from renting to buying. […]
Here are the best articles from around the web this week talking about student loans… For the week ending Friday April 12, 2013 Student Loan News: 1. Digging Deeper Into Student Loan Debt: As student loan debt rises at an alarming rate in the United States, some analysts fear that this trend could cause another economic crisis. From 2005 to 2012, student loan debt grew from $364 billion to $904 billion — an increase of 13.9 percent annually. In a recent Federal Reserve Bank of Kansas City working paper, Kelly Edmiston, Lara Brooks, and Steven Shepelwich concluded that: […]