5 tips to help you manage student loan debt

Omaha World-Herald5 tips to help you manage student loan debtOmaha World-HeraldFederal and private student loans give borrowers a grace period of at least six months before they're required to begin making payments. You'll need to know the terms of your loan to evaluate options for repayment, or to ask for a deferment when your ...

Does Your Doctor Owe Thousands in Unpaid Student Loans?

KTICDoes Your Doctor Owe Thousands in Unpaid Student Loans?KTICiStock/Thinkstock. (NEW YORK) — There are 846 doctors and dentists in 43 states who have been named by the U.S. Department of Education on a public list in a desperate effort to get them to repay their defaulted student loans. And because the loans ...

Biggest economic threat? Student loan debt

USA TODAYBiggest economic threat? Student loan debtUSA TODAYIf one were to ask me what I think is the most dangerous threat to our economy, the answer is very simple: student loans. As I write this, we have more than $1.2 trillion of student loan debt. About 10 million federal students loans are taken out ...

Does Mark Cuban Have A Point About Capping Student Loans?

ForbesDoes Mark Cuban Have A Point About Capping Student Loans?ForbesRecently, Cuban opined about student debt at Inc.'s GrowCo Conference. Against the backdrop of rising student loan default, he made a compelling case that, in the interest of economic growth, the federal government should set a per-student ceiling on ...

Personal Finance: What if I can't pay student loan?

USA TODAYPersonal Finance: What if I can't pay student loan?USA TODAYVeteran personal finance journalist Robert Powell answers your questions for USA WEEKEND. If a person owes $150,000 for private student loans, is there any way to negotiate a lower amount to pay off the loans? Also, if one lets the loan go into ...

Give student loans the finger: A new solution to a massive generational outrage

SalonGive student loans the finger: A new solution to a massive generational outrageSalonThe total national student loan debt is more than $1.2 trillion, the bulk of which – about $1 trillion – is owed by students to the federal government. According to a 2013 study, the average debt held by a graduate in 2012 was almost $30,000. Forty ...

Federal Agency CFPB Offers New Tools to Student Loan Borrowers in Financial ...

InsideARMFederal Agency CFPB Offers New Tools to Student Loan Borrowers in Financial ...InsideARMThe CFPB released a sample letter that consumers can edit and send to their student loan servicer to request lower monthly payments and information on available repayment plans. Borrowers can download the sample letter to send by mail, or simply cut ...

Cotton's latest whopper deals with student loans

MSNBCCotton's latest whopper deals with student loansMSNBCAnd now the Republican wants Arkansans to believe “Obamacare nationalized the student loan industry,” which suggests Cotton either doesn't understand the policy he's whining about, or he does understand it and is deliberately telling voters something ...

VIDEO: How to Repay Student Loans Once and for All

Huffington PostVIDEO: How to Repay Student Loans Once and for AllHuffington PostEven though the student loan default rate has decreased in recent months, many individuals struggle with student loans is still far from over. With the average adult nearly $27,000 in debt due to student loans and the rising costs of higher education ...

How to Get Your Student Loans Forgiven in Bankruptcy

Credit.com News (blog)How to Get Your Student Loans Forgiven in BankruptcyCredit.com News (blog)“Student loans can't be discharged in bankruptcy,” has been repeated so often that it's practically considered gospel. But what if that “fact” is not completely correct – and may be stopping consumers who could benefit from bankruptcy from pursuing it?

Student Loan Debtors Need a Light at the End of the Tunnel

American BankerStudent Loan Debtors Need a Light at the End of the TunnelAmerican BankerThe country's total student loan burden is more than $1 trillion, with the average borrower graduating with approximately $33,000 of education debt. Those who continue onto graduate school incur substantially more. Indeed, the vast majority of the ...

The harsh truth: US colleges are businesses, and student loans pay the bills

The Guardian (blog)The harsh truth: US colleges are businesses, and student loans pay the billsThe Guardian (blog)Students are now consumers and university presidents are CEOs overseeing multiplexes of the college experience. In order to pay for that experience, students are taking out an average of about $30,000 in student loans. The overall student debt in the ...

Student Loans, Moral Hazard and a Law School Mess—Conclusion

The American Lawyer (registration)Student Loans, Moral Hazard and a Law School Mess—ConclusionThe American Lawyer (registration)My most recent post in this three-part series discussed manifestations of law school moral hazard at Thomas Jefferson School of Law and Quinnipiac Law School. Both institutions have spent millions on flashy new buildings where attentive students will ...

Study: Student loans are killing the housing market

AMERICAblog (blog)Study: Student loans are killing the housing marketAMERICAblog (blog)A new study suggests that the burden of large student loans is forcing college graduates to either buy smaller homes, or not buy at all. The analysis is rather back-of-the-envelope — meaning, it's a bit of an educated guesstimate — but it's something ...

One university's push to end student loans

Metro.usOne university's push to end student loansMetro.usOne of the most selective universities in the country is doing away with student loans. The University of Chicago announced on Wednesday that incoming first-year students receiving need-based aid will receive grants that do not have to be paid back ...

Student loan debt puts home ownership out of reach

WTSP 10 NewsStudent loan debt puts home ownership out of reachWTSP 10 NewsShe says it's been awhile since she looked at her student loan debt. "It's between 20 and $30,0000. It's pretty scary." She says a four-year degree won't be enough, so she's considering incurring even more student loan debt by going to graduate school ...

Here's Why the Student Loan Crisis Is Far From Over

DailyFinanceHere's Why the Student Loan Crisis Is Far From OverDailyFinanceGetty Images Although the latest data from the Department of Education appears to indicate that the worst of the student loan crisis could be over, there's still reason to believe that student loans will continue to threaten college graduates' finances ...

Navigating the student loan mess

Dallas Morning NewsNavigating the student loan messDallas Morning NewsThe numbers are eye-popping. Student loan debt in the U.S. stands at $1.1 trillion, with a current rate of default approaching 15 percent for loans within three years of beginning repayment. What's scary is that you don't need an exorbitant loan ...

How much student loan debt is too much?

Shreveport TimesHow much student loan debt is too much?Shreveport TimesIf you graduated from college this past spring, you're part of the most indebted graduating class ever. According to a government data analysis by financial aid experts at Edvisors, the class of 2014 graduated with an average student loan debt of $33,000.

Student Loans Will Kill Your Dreams of Home Ownership

Huffington PostStudent Loans Will Kill Your Dreams of Home OwnershipHuffington PostWhat if I told you that nearly 75 percent of people who believed that fact and headed off to school and took out student loans never graduated? That's right, the majority of people who owe students loans have the debt but not the ultimate benefit of ...

What Really Happens if You Default on Your Student Loans?

LifehackerWhat Really Happens if You Default on Your Student Loans?LifehackerWith many young graduates carrying anywhere from thousands to hundreds of thousands of dollars in student loan debt, students are currently facing a mountain of a financial challenge. On top of already high numbers, student loan debt is a sticky kind ...

How The Government Profits From Student Loans, To The Tune Of $40 Billion A ...

Mintpress News (registration) (blog)How The Government Profits From Student Loans, To The Tune Of $40 Billion A ...Mintpress News (registration) (blog)If the federal government were a private lender, it would be one of the world's three most profitable companies, next to Exxon Mobile and Apple. Student loans, however, are crippling a generation that can't afford to skip college but also can't afford ...