Sunday, 28 September 2014

Want to Get Out Of Student Loan Debt? These 5 States Could Help You Do It

Motley FoolWant to Get Out Of Student Loan Debt? These 5 States Could Help You Do ItMotley FoolStudent loan debt is higher than ever, and is showing no signs of going away anytime soon. However, you may be surprised to find that some parts of the country are being hit harder than others by the rising debt levels. And, some are doing pretty well.

Friday, 26 September 2014

How Student Loans Are Jeopardizing Seniors' Retirements

TIMEHow Student Loans Are Jeopardizing Seniors' RetirementsTIMEIt seems the student loan crisis isn't just for young people. The GAO found that 706,000 of households headed by those aged 65 or older have outstanding student debts. That's just 3% of all households, but the debt they hold has ballooned from $2.8 ...

Monday, 22 September 2014

America's Student Loan System Has Created Perverse Incentives For Law Schools

Business InsiderAmerica's Student Loan System Has Created Perverse Incentives For Law SchoolsBusiness InsiderHer point is simple: Students who took out educational loans prior to July 1, 2013 are locked into an interest rate of nearly 7 percent. “Older loans run 8-9% and even higher,” she writes. She'd like to bring that rate down by allowing graduates (and ...

Saturday, 20 September 2014

Student Loans Worse Than Expected

Wall Street JournalStudent Loans Worse Than ExpectedWall Street JournalChip Dickson at Discern Investment Analytics spotted the bad news inside: The net cost of student loans had increased by $20 billion. As a result, Department of Education outlays through August of this fiscal year rose to $58 billion from $38 billion ...

Monday, 15 September 2014

Student

Wall Street Journal (blog)Student-Loan Borrowers Have Chance to Refinance at Lower RatesWall Street Journal (blog)Borrowers who want to lower the interest rate on their federal student loans have a new option. Citizens Financial Group announced on Tuesday that it is accepting applications from both parent and student holders of federal loans to refinance into ...

Monday, 8 September 2014

Report: Most graduates can afford to buy homes despite student loan debt

Chron.com (blog)Report: Most graduates can afford to buy homes despite student loan debtChron.com (blog)Some experts have suggested that overwhelming student loan debt may hamper graduates' chances at home ownership. While it is more difficult for students with loans to buy homes, a recent report suggests that in a large majority of the country that is ...

Friday, 5 September 2014

New program offers relief for student loan debt

WPTVNew program offers relief for student loan debtWPTVBut all that energy was not enough for her to sidestep the quicksand that is student loan debt. How much? "About $65,000", Inkell said. Inkell found herself staring at a $450 per month loan payment for years to come. She said, "It is tough because you ...

Tuesday, 2 September 2014

Education loans for professional courses can be debt traps for students

PrepSureEducation loans for professional courses can be debt traps for studentsPrepSureThere are more than 30 well-known professional institutes in the city which professional courses and promise good jobs to students after completion of their course. Many of the students enrolled here took education loans. Now, they have no jobs and a ...

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