After relative's death, some borrowers find they must repay entire student ...

Minneapolis Star TribuneAfter relative's death, some borrowers find they must repay entire student ...Minneapolis Star TribuneThe issue doesn't impact federal student loans, which are more commonly issued than private student loans. In the private loan industry, 90 percent of loans were co-signed in 2011, and having a co-signer can often lead to a lower interest rate, a ...

Student Loan 'Profits' Show Government Should Get Out Of Student Loan Business

ForbesStudent Loan 'Profits' Show Government Should Get Out Of Student Loan BusinessForbesThis week Shahein Nasiripour at The Huffington Post reported on the huge projected profit from the government run student loan program. The article mostly focuses on how wrong it is for the government to be profiting from lending money to college ...

Education Department Brings in $127 Billion Profit From Student Loans

FusionEducation Department Brings in $127 Billion Profit From Student LoansFusionAccording to a new Congressional Budget Office (CBO) report, student borrowers and their families will generate $127 billion for the department over the next 11 years. Where does the money come from? Interest on federal student loans, which is set to ...

Forget About Poor Undergrads. Washington Is Really Making a Killing on Grad ...

Slate MagazineForget About Poor Undergrads. Washington Is Really Making a Killing on Grad ...Slate MagazineParent loans make up a mere tenth of the total undergraduate portfolio. But again, thanks to low default rates—unlike other student loans, they involve a light credit check—and high interest rates, they yield a nice return for the Department of ...

Senate passes proposed amendment on student loans

KtooSenate passes proposed amendment on student loansKtooThe executive officer of the Alaska Student Loan Corp. has said the proposal would allow the corporation to leverage the state's credit rating to achieve the lowest possible costs for financing state education loans and making loans more widely available.

Elizabeth Warren decries US college loan profits

Boston GlobeElizabeth Warren decries US college loan profitsBoston GlobeUS Senator Elizabeth Warren blasted government profits on student loans in a speech at Suffolk University's Law School on Saturday, firing up a crowd of law students, education researchers, and financial specialists. “This exploding debt is crushing ...

Student loans affect more than just your wallet

U.S. Catholic magazine (blog)Student loans affect more than just your walletU.S. Catholic magazine (blog)I know firsthand how hard it can be. It's a daily struggle that now affects 1 in 5 American households. It affects your every decision. It's a crippling feeling felt deep in the pit of your stomach. It keeps you up at night. As the student loan debt of ...

A vision for reforming student loans

CNBC.comA vision for reforming student loansCNBC.comStudent debt has become a significant barrier to achieving the American dream. With outstanding debt topping one trillion dollars and the default rate on federal loans approaching 15 percent, many borrowers are finding themselves in a spiral of debt ...

A vision for reforming student loans

CNBC.comA vision for reforming student loansCNBC.comStudent debt has become a significant barrier to achieving the American dream. With outstanding debt topping one trillion dollars and the default rate on federal loans approaching 15 percent, many borrowers are finding themselves in a spiral of debt ...

Marco Rubio Wants to Shift Student Loans from the Government to Investors

The WireMarco Rubio Wants to Shift Student Loans from the Government to InvestorsThe WireAn alternative to traditional student loans, ISAs allow private investors and organizations to put money towards a student's college costs in exchange for a percentage of the student's future earnings over a set number of years. It's like student stock ...

$1 trillion student loan debt widens US wealth gap

Alaskajournal.com$1 trillion student loan debt widens US wealth gapAlaskajournal.comIn this March 26 photo, Nida Degesys, National President of the American Medical Student Association, poses for photos in her office in Sterling, Va. Degesys graduated in May 2013 from Northeast Ohio Medical University with about $180,000 in loans.

Educational loan for medical courses provided by top 4 banks

India TodayEducational loan for medical courses provided by top 4 banksIndia TodayParents should have their pockets full to help their lads to receive education from the best institutes. However, when education has become pricey, recession too have hit middle class household. Education loan offered by banks has come to rescue hence.