3 Student Loan Tips for Borrowers Returning to School in 2015

U.S. News & World Report (blog)3 Student Loan Tips for Borrowers Returning to School in 2015U.S. News & World Report (blog)Like your unwanted gym membership from last year, student loans stick around, and they can really cost you if managed incorrectly. ​If returning to school is your goal for 2015, great, let us help you achieve it in the smartest financial way possible ...

Federal Student Loan Debt Tops $800 Billion

CNSNews.comFederal Student Loan Debt Tops $800 BillionCNSNews.com"Outstanding student loan balances reported on credit reports increased to $1.13 trillion (an increase of $8 billion) as of September 30, 2014, representing about $100 billion increase from one year ago," the bank said in its latest report on household ...

Find Solutions for Older Americans With Student Loan Debt

U.S. News & World Report (blog)Find Solutions for Older Americans With Student Loan DebtU.S. News & World Report (blog)If you're eligible, your monthly student loan payment will be set at no more than 15 percent of your income. Use the U.S. Department of Education's Repayment Estimator to explore eligibility for income-based repayment plans and possible payment amounts.

Student Loan Refinancing for Creditworthy Graduates

NY1Student Loan Refinancing for Creditworthy GraduatesNY1With some graduates carrying six-figure student loan debt, there is one company helping certain borrowers refinance. NY1's Tara Lynn Wagner filed this report. It is a fact that bears repeating: many people owe a lot of money in student loans. "Student ...

How Student Loans Almost Ruined My Relationship With My Parents

Credit.com News (blog)How Student Loans Almost Ruined My Relationship With My ParentsCredit.com News (blog)He couldn't pay his student loans, and his parents began to get late notices. Worse, because they had co-signed the loans, their credit scores took a significant hit. His parents have a small business, and good credit was important. “It was an ...

Paying Student Loans Using Bitcoin and Saving 17%

CryptoCoinsNewsPaying Student Loans Using Bitcoin and Saving 17%CryptoCoinsNewsRather, a guide to combining two services – Tuition.io and Brawker – for paying student loans using Bitcoin. Tuition manages your student loans and offers payment plans and strategies to minimize interest. Last fall, a new service debuted; the ability ...

Getting education loans despite tougher norms

Business StandardGetting education loans despite tougher normsBusiness Standard"Education loans are not a problem at all for professional institutes such as the IITs, IIMs and even good colleges in tier-1 or tier-2 cities. The problem lies in giving loans to students in general streams and also studying in tier-3 and tier-4 ...

Avoid Losing Your Student Loan Eligibility

U.S. News & World Report (blog)Avoid Losing Your Student Loan EligibilityU.S. News & World Report (blog)In addition to the other criteria for federal financial aid eligibility, a student is required to be making what's called "satisfactory academic progress," or SAP, to maintain that eligibility. There's both a qualitative and quantitative component to ...

US college freshmen have no idea how much student debt they owe

The Guardian (blog)US college freshmen have no idea how much student debt they oweThe Guardian (blog)This is because $5,500 is one of the most common debt levels for first-year students, and many students with federal debt report that do not have any federal debt,” write Akers and Chingos. “We find that among students with federal loans, 28% reported ...

How Do Student Loans Affect Your Credit Score?

Motley FoolHow Do Student Loans Affect Your Credit Score?Motley FoolThe short answer is that before you enter your repayment period, your Federal student loans do not affect your credit score. There is no payment history to report, so there is nothing positively or negatively affecting your score. However, the full ...

Senate Democrats Urge US to Tear Up Corinthian Students' Loans

Wall Street Journal (blog)Senate Democrats Urge US to Tear Up Corinthian Students' LoansWall Street Journal (blog)Thirteen U.S. Senate Democrats are pushing Education Secretary Arne Duncan to wipe out federal loans given to students who enrolled in a troubled for-profit college that's being dismantled amid federal and state investigations. Sen. Elizabeth Warren (D.

Keep The Money In The Family: Refinance A Student Loan With A Wealthy ...

ForbesKeep The Money In The Family: Refinance A Student Loan With A Wealthy ...ForbesAs an Indian national (his U.S. permanent–residency green card is in the works) he wasn't eligible for federal loans, so these were all private student loans with rates varying from 4% to 11%. Mehta's wife, Sheetal Chavan, carried even pricier debt ...

Niagara Falls repays student loans to combat population decline

FusionNiagara Falls repays student loans to combat population declineFusionSeth Piccirillo, 32, the city's community development director and Niagara Falls native, hit on the idea of repaying student loans after seeing headline after headline about how debt is dragging young people down. He knew he needed to address the city ...

ITT Tech's new charter school to offer free AA degree — with a catch

Indianapolis StarITT Tech's new charter school to offer free AA degree — with a catchIndianapolis StarThe lawsuit says ITT also misled students on their job prospects after graduation, suggesting they would likely land good jobs and be able to pay off student loans. ITT targeted low-income students, according to the lawsuit, knowing they would need ...

Can you handle your education loan?

Business TodayCan you handle your education loan?Business TodaySonali Kapoor has completed her course in fashion design and is looking for a job. While the wait tests her patience, her problems are compounded by the fact that she has taken an education loan of Rs 4 lakh. "The loan repayment starts in a few months ...

Theater majors face toughest time paying off student loans

Madison.comTheater majors face toughest time paying off student loansMadison.comThe study looks at typical earnings right out of school and a decade later to see how that affects their ability to pay off their student loans. “Graduates in drama and theater face payments of 24 percent of their earnings during the first year of ...

The Student Loan Crisis That Isn't About Kids at Harvard

Daily BeastThe Student Loan Crisis That Isn't About Kids at HarvardDaily BeastEighty-two percent of Americans support providing lower-cost student loans for college education, and giving students more time to pay them off. In fact, these ideas received the most support of any issue surveyed in an NBC/Wall Street Journal poll ...

Millennials' best investment is paying student loans

Boston GlobeMillennials' best investment is paying student loansBoston GlobeNEW YORK — Those in the millennial generation began their adult lives by witnessing one of the greatest financial crashes in history. It would be unsurprising, therefore, if millennials avoided the stock market, much as their grandparents did after ...

Student Loans: What Debt Dies With The Deceased, Which Debt Lives On?

Business 2 CommunityStudent Loans: What Debt Dies With The Deceased, Which Debt Lives On?Business 2 CommunityEvery few months in the news we hear stories about family members who are left with the student loan debt of their deceased children and partners. The story typically goes like this… they co-sign on a loan, and then a death leaves them believing the ...

Uber introduces new Scholar program to help drivers manage their student loans

The Guardian (blog)Uber introduces new Scholar program to help drivers manage their student loansThe Guardian (blog)No, we aren't talking about Uber for student loans. But the app that connects drivers with potential passengers has encouraged its partner drivers to sign up for an app called Tuition.io, which helps them track their student loans, interests and payments.

3 Key Moments in the History of Student Loans

Chronicle of Higher Education (subscription)3 Key Moments in the History of Student LoansChronicle of Higher Education (subscription)Given the chance to start from scratch, it's hard to imagine that anyone would design the student-loan system we have today. There's a lot of complexity. Students can borrow through several different federal loan programs, and when those loans come due ...

3 Things I Wish I Knew Before Taking Out Student Loans

Credit.com News (blog)3 Things I Wish I Knew Before Taking Out Student LoansCredit.com News (blog)Student loans can be a necessity. They can also be a way out of a more difficult semester or year. In my case, I thought I needed a loan, but in hindsight I see that I didn't. In personal finance my eternal truth is this: If you can't afford it, you ...

Take out a student loan to help build credit?

USA TODAYTake out a student loan to help build credit?USA TODAYFor most college students, figuring out how best to build a good credit score is confusing. You probably know that you should start using credit as soon as possible, but what that exactly means isn't always clear. Case in point: If you and your family ...

Student Loan Debt a Rapidly Growing Burden for Affluent Grads

DailyFinanceStudent Loan Debt a Rapidly Growing Burden for Affluent GradsDailyFinance'Group of college students in the university amphitheatre, they are sitting and doing an skynesher More than two out of three college graduates now leave school with student loan debt. And the debt they carry out of school these days -- a median of ...

ForbesNo-Loan Policies at Top Colleges Quell Student DebtForbesHarvard, Princeton, Stanford, and University of Pennsylvania all have one thing in common. No, not just that they're all top tier universities, and no, Stanford is not considered an Ivy League university. Rather all four universities share a no-loan ...