Reid touts Senate student loan bill to UNLV students

Las Vegas Review-JournalReid touts Senate student loan bill to UNLV studentsLas Vegas Review-JournalU.S. Sen. Harry Reid on Friday met with student leaders at the University of Nevada, Las Vegas to promote a Senate bill that aims to reduce the $1.2 trillion debt burden graduates face across the country. Some 40 million students have taken out loans ...

Is the $1 trillion student loan debt really a crisis? — Part 2

Washington Post (blog)Is the $1 trillion student loan debt really a crisis? — Part 2Washington Post (blog)For the last couple of years, ever since the outstanding volume of student loans exceeded the $1 trillion threshold — and simultaneously passed both car loans and credit card debt – the media have been on a rampage about the student loan “crisis.” The ...

Is It Too Easy to Get Student Loans?

Credit.com News (blog)Is It Too Easy to Get Student Loans?Credit.com News (blog)It's not difficult to take out a student loan — if they were hard to get, it's unlikely they would be the largest form of outstanding consumer debt in the U.S. (except for mortgages). A major factor? For federal student loans (a large part of the $1.3 ...

Obama to Address Concerns Over Towering Student Loans

Financialbuzz.comObama to Address Concerns Over Towering Student LoansFinancialbuzz.comStudent, Loan, Mortgage, Credit, News, Loan Mortgages are the largest source of personal debt in the United States. What do you think is the second largest source? Car loans? Credit cards? While these answers may be true a couple of years ago, they ...

10 most common student loan mistakes

WXYZ10 most common student loan mistakesWXYZBefore you even apply for student loans, you should be shooting for every single grant or scholarship you can possibly get. This means spending time trolling the Web, talking to your local librarian (they usually have access to scholarship databases ...

Office of Financial Aid helps graduating seniors reduce student loans

TCU 360Office of Financial Aid helps graduating seniors reduce student loansTCU 360The TCU Office of Financial Aid helped some graduating seniors reduce their student loans this week by crediting a specific amount of money to their student billing accounts. In an e-mail to a group of graduating seniors, Director of Scholarships and ...

Report Reveals Hidden Cost of Government — Student Loan Programs Don't ...

TheBlaze.comReport Reveals Hidden Cost of Government — Student Loan Programs Don't ...TheBlaze.comThe Congressional Budget Office released a report late Thursday that said if the government used accounting methods that consider real market risks, it would not be able to treat federal student loan programs and other government lending programs as ...

Student loan debt increased by $31 billion in first quarter

Deseret NewsStudent loan debt increased by $31 billion in first quarterDeseret NewsIn a study recently released by the Federal Reserve Bank of New York, total student debt outstanding as of the end of the first quarter of 2014 was reported to be $1.11 trillion. Student loans outstanding increased by $31 billion during the first ...

Student loan firm Erudio under fire following government sell

The GuardianStudent loan firm Erudio under fire following government sell-offThe GuardianThe issues affect people with mortgage-style student loans taken out between 1990 and 1998. Originally administered by the Student Loans Company (SLC), these loans are repaid at a fixed monthly amount over a period of between five and seven years.

Opinion: How we can ease the burden of student loans

NorthJersey.comOpinion: How we can ease the burden of student loansNorthJersey.comOur young people and their families are burdened with more than $1.2 trillion of student loan debt. In New Jersey, the average student graduates from college with around $29,000 in loans. This unprecedented financial strain is putting our families ...

The Wrong Ways to Get Rid of Your Student Loans

ABC NewsThe Wrong Ways to Get Rid of Your Student LoansABC NewsClass of 2014, the time has come to find a job and start paying down your student loans. Like many young graduates, you probably don't feel like embracing this particular change. If that's the case, I'd like to suggest you at least consider shaking its ...

'Debt relief' firms misleading student loan borrowers

KMOV.com'Debt relief' firms misleading student loan borrowersKMOV.comNEW YORK, NY - JULY 01: People walk past the Alma Mater statue on the Columbia University campus on July 1, 2013 in New York City. An interest rate hike kicks in today for student loans, an increase for 7 million students. Congress left town at the end ...

Student loans' shady profit scheme: How to stop the government from exploiting ...

SalonStudent loans' shady profit scheme: How to stop the government from exploiting ...SalonIn the latest volley in the ongoing debate over what to do about student loans, Sen. Elizabeth Warren recently introduced a bill that would allow borrowers to refinance old student loans with a federal one at today's lower interest rates (i.e., 3.86 ...

Sallie Mae reaches $60M settlement with Justice Department over costly loans ...

Fox NewsSallie Mae reaches $60M settlement with Justice Department over costly loans ...Fox NewsStudent lender Sallie Mae has agreed to pay $60 million to resolve allegations that it charged military service members excessive interest rates on their student loans, the federal government announced Tuesday. The deal settles a government lawsuit ...

Student loan debt increases $31 billion to $1.1 trillion

Red Alert PoliticsStudent loan debt increases $31 billion to $1.1 trillionRed Alert PoliticsThe report found that student loan debt increased $31 billion from January to March, and over the past year, it increased a whopping $125 billion, surpassing auto loan and credit card debt. So far this year, only mortgage debt surpasses the amount ...

Will Student Loan Forgiveness Programs Be Capped?

ABC NewsWill Student Loan Forgiveness Programs Be Capped?ABC NewsIn a recently published report by its Brown Center on Education Policy, the institution sets out to estimate what the various government relief strategies for student loans might end up costing taxpayers. The news isn't good. The BCEP estimates that ...

House Democrats introduce bill to end automatic default rules on student loans

Washington PostHouse Democrats introduce bill to end automatic default rules on student loansWashington PostHouse Democrats introduced legislation Friday to protect borrowers who pay their student loans on time from being placed in default when the co-signer dies or declares bankruptcy. These “auto defaults” force borrowers to either immediately repay the ...

Map: Where the average student loan burden is largest

Washington Post (blog)Map: Where the average student loan burden is largestWashington Post (blog)The graduates will have an average of $26,500 in student loans, joining the tens of millions of other adults who collectively hold more than $1 trillion in student loan debt. That burden is largest, on average, in many Northeastern and Mid-Atlantic ...

Best way to pay off student loans? Invest, maybe

CNBC.comBest way to pay off student loans? Invest, maybeCNBC.comFor the current generation—likely to be in the worst shape of all—student loan payments are a financial challenge that will stare them in the face for decades to come. But it doesn't get wrapped up with a bow into a similar investment solution ...

Best way to pay off student loans? Invest, maybe

CNBC.comBest way to pay off student loans? Invest, maybeCNBC.comThibeault has been seeing recent graduates, often MBAs, using their new skills to crunch the numbers to figure out if they will fare better by investing in the markets to attack their student loans versus investing in their retirement accounts ...

Tough Decisions: Student Loan Debt

WTAJTough Decisions: Student Loan DebtWTAJAccording to the Institution for College Access and Success in 2012, graduates from Pennsylvania schools had the third highest average student loan debt in the nation - $31,675. "62,000 students last year, across Penn State, received some form of ...

Student Loans Await ISU Graduates

MyWabashValleyStudent Loans Await ISU GraduatesMyWabashValleyIt's college graduation day in the Valley, which means in six short months, students will start paying back their student loans. For ISU grad Garrett Kramer, it's time to start thinking about life after college. "Well I'm going back home and do a ...

3 Student Loan Deadlines Every Parent Needs to Know

ABC News3 Student Loan Deadlines Every Parent Needs to KnowABC NewsFor students hoping to attend college this fall, it's a bit late to be figuring out the money situation, but for parents of high school students who have procrastinated on saving for college, there are a few deadlines that you will need to remember to ...