Daniels explains student loan plan to Congress

Journal and CourierDaniels explains student loan plan to CongressJournal and CourierWASHINGTON – Members of Congress had multiple questions Wednesday about the income share agreements Purdue University President Mitch Daniels hopes to offer as an alternative to traditional student loans. Would students from disadvantaged ...and more »

Christa Lawler: Free from my student loans at 40

Duluth News TribuneChrista Lawler: Free from my student loans at 40Duluth News TribuneJaneane Garofalo plays Vicki Miner, who goes from cap-and-gown to management at the Gap and admits: “My favorite part about graduating now will be dodging my student loan officer for the rest of my life. He will be in cahoots with the Columbia Records ...

The Delinquent Borrowers Leading a Student Loans Revolt

BloombergThe Delinquent Borrowers Leading a Student Loans RevoltBloombergAfter the police kicked Occupy out of the park in November 2011, Larson and another activist, Laura Hanna, spent two years buying and canceling $17.2 million of student loans, through a donation-funded campaign called the Rolling Jubilee. Their third ...

The Delinquent Borrowers Leading a Student Loans Revolt

BloombergThe Delinquent Borrowers Leading a Student Loans RevoltBloombergWhen the U.S. Department of Education announced in June the creation of a formal process for students defrauded by their college or university to seek loan forgiveness, it was a victory for the activist group Debt Collective. The impact of the policy ...

Student Loans, Credit Cards And Car Payments: How To Manage Debt

International Business TimesStudent Loans, Credit Cards And Car Payments: How To Manage DebtInternational Business TimesHeather Jarvis, an attorney and student loan expert, says it's important to keep in mind one of the overarching realities of debt: “The longer it takes to pay back, the more you're going to owe in interest,” she says. Saving money is obviously ...

BYU grad petitions White House after confusing student loan forgiveness program

KSL.comBYU grad petitions White House after confusing student loan forgiveness programKSL.comPROVO — Forty million Americans have at least one outstanding student loan. Recently, a couple of Utahns discovered their payments were not being credited to a loan forgiveness program as they expected. When Mike Long finished his undergraduate ...Can't Afford Your Student Loans? This Can HelpThe Cheat Sheetall 4 news articles »

Christa Lawler: Free from my student loans at 40

Duluth News TribuneChrista Lawler: Free from my student loans at 40Duluth News TribuneJaneane Garofalo plays Vicki Miner, who goes from cap-and-gown to management at the Gap and admits: “My favorite part about graduating now will be dodging my student loan officer for the rest of my life. He will be in cahoots with the Columbia Records ...

Ayotte introduces legislation to refinance federal student loans

BloombergAyotte introduces legislation to refinance federal student loansThe Union LeaderWASHINGTON, D.C. — U.S. Sens. Kelly Ayotte, R-N.H. and Shelley Moore Capito, R-W.Va., announced Wednesday they have introduced the Student Loan Relief Act of 2015, which would allow borrowers to refinance federal student loans in the private ...Democrats Urge Government to Refund Billions in Student LoansBloombergDemocrats urge government to refund billions in Corinthian student loansOCRegisterHow well do default rates reflect student loan repayment?Brookings Institution (blog)Dallas Morning News -WTRF -U.S. News & World Reportall 74 news articles »

Default rate for repaying student loans drops

CNNMoneyDefault rate for repaying student loans dropsU.S. News & World ReportWASHINGTON (AP) — The Education Department says there's been another drop in the percentage of people who are defaulting on their student loans in the first years of repayment. More than 5.1 million borrowers began paying back their loans in the 2012 ...Fewer people are defaulting on federal student loansWashington PostFewer students are defaulting on their loansCNNMoneyall 96 news articles »

Fewer people are defaulting on federal student loans

knopnews2Fewer people are defaulting on federal student loansWashington PostThe number of people who fail to pay their federal student loans within three years of leaving college is down, signaling that the government's generous repayment plans are taking off. About 11.8 percent of borrowers who began repayment Oct. 1, 2011, ...Default Rate for Repaying Student Loans DropsABC NewsNo, Student Borrowers Don't Need to Worry About Loan Market TurmoilNew York Timesall 89 news articles »

Purdue President Mitch Daniels explains new student loan program to members of ...

Indianapolis StarPurdue President Mitch Daniels explains new student loan program to members of ...Indianapolis StarWASHINGTON – Members of Congress had multiple questions Wednesday about the income share agreements Purdue University President Mitch Daniels hopes to offer as an alternative to traditional student loans. Would students from disadvantaged ...and more »

Loan Servicers Faulted for Some Student Loan Problems

U.S. News & World ReportLoan Servicers Faulted for Some Student Loan ProblemsNew York TimesPoor management by student loan servicing companies may be helping to drive borrowers into default, a new federal report says. The Consumer Financial Protection Bureau, which oversees companies that service student loans, estimated in a report ...Know What to Expect the First Time You Borrow College Student LoansU.S. News & World ReportStudent Loan Problem Garners National Attention from Presidential Candidates ...Huffington PostWill Congress finally do something to help people with student loan debt?Palm Beach Post (blog)BuzzFeed News -UPI.comall 79 news articles »

Democrats Urge Government to Refund Billions in Student Loans

BloombergDemocrats Urge Government to Refund Billions in Student LoansBloombergThe government's new program for canceling student debt, launched in June, looked like a historic win for debtors. A year after troubled for-profit education company Corinthian Colleges collapsed, the Department of Education opened the first formal ...

Courting millennials, companies offering to pay off employees' student loans

MarketWatchCourting millennials, companies offering to pay off employees' student loansMarketWatchSimplyCast, a Canadian-based company offering a marketing automation platform, made headlines earlier this year when its CEO, Saeed El-Darahali, announced the company would help pay off its employees' student loans every year they continued to work ...Boston startup behind a new benefit for debt-saddled workers: Student loan reliefBetaBostonBoston-Based Gradifi Introduces the Student-Loan 401kBostInnoall 4 news articles »

$50000 In Student Loans? You Probably Don't Think College Was Worth It

Celebrity Cafe - Entertainment News (blog)$50000 In Student Loans? You Probably Don't Think College Was Worth Itideastream"The value of my education is priceless, but the value of my education is also not $140,000 in debt." That was the statement of a Hunter College graduate with a master's degree, as quoted in the documentary Ivory Tower. And a new national poll suggests ...Here's why so many college grads are unhappyCBS NewsJust Half of Graduates Strongly Agree Their College Education Was Worth the CostChronicle of Higher Education (subscription)New grads question value of collegeCelebrity Cafe - Entertainment News (blog)all 117 news articles »

Boston

BostInnoBoston-Based Gradifi Introduces the Student-Loan 401kBostInnoTim DeMello, a repeat entrepreneur in Boston who founded Gradifi, knows how hard of a blow student loans can be to graduates. "I serve on the Board of Trustees at Babson," he explained. "Over the years, I've seen the student debt problem worsen. And ...Boston startup behind a new benefit for debt-saddled workers: Student loan reliefBetaBostonall 4 news articles »

Sen. Ayotte introduces legislation to refinance federal student loans

U.S. News & World ReportSen. Ayotte introduces legislation to refinance federal student loansThe Union LeaderWASHINGTON, D.C. — U.S. Sens. Kelly Ayotte, R-N.H. and Shelley Moore Capito, R-WV, announced Wednesday they have introduced the Student Loan Relief Act of 2015, which would allow borrowers to refinance federal student loans in the private market, ...Know What to Expect the First Time You Borrow College Student LoansU.S. News & World ReportStudent Loan Problem Garners National Attention from Presidential Candidates ...Huffington PostNo, Student Borrowers Don't Need to Worry About Loan Market TurmoilNew York TimesPalm Beach Post (blog) -BuzzFeed News -American Enterprise Instituteall 61 news articles »

Boston startup behind a new benefit for debt

BetaBostonBoston startup behind a new benefit for debt-saddled workers: Student loan reliefBetaBostonRetirement plans are fine. But for workers lugging around a ton of student loan debt, immediate financial help might be more appealing. That's the idea behind a new employee benefit program designed by Gradifi, a Boston startup that has been operating ...and more »

Credible, The Marketplace For Student Loans, Closes $10 Million Series A Funding

TechCrunchCredible, The Marketplace For Student Loans, Closes $10 Million Series A FundingTechCrunchCredible, the multi-lender marketplace for student loans, has today announced the close of a $10 million Series A funding round led by Soul Htite, founder and CEO of Dianrong.com and cofounder of LendingClub, with participation from Prosper president ...Student Loan Shopping Site Credible Raises $10MAmerican Bankerall 3 news articles »

Consumer Financial Protection Bureau Eyes New Rules for Student Loan Servicers

PBS NewsHour (blog)Consumer Financial Protection Bureau Eyes New Rules for Student Loan ServicersInside Higher EdThe Consumer Financial Protection Bureau formally announced Tuesday that it will explore new regulations on student loan servicing companies, calling for changes in an industry it says is bedeviled by widespread failures that are harming borrowers.Consumer Regulator Considers Student Loan Rules To Fix 'Widespread Failures'Huffington PostConsumer agency concerned about servicing failures reported by student loan ...Minneapolis Star TribuneConsumer agency will consider industry rules to better manage student loansPBS NewsHour (blog)Wall Street Journal -Columbus Dispatchall 146 news articles »

Consumer Regulator Considers Student Loan Rules To Fix 'Widespread Failures'

PBS NewsHour (blog)Consumer Regulator Considers Student Loan Rules To Fix 'Widespread Failures'Huffington PostThe federal Consumer Financial Protection Bureau said Tuesday it is weighing new rules governing the $1.3 trillion student loan market after releasing a stinging report documenting "widespread failures" in an industry largely overseen by the Obama ...Consumer agency will consider industry rules to better manage student loansPBS NewsHour (blog)Consumer agency concerned about servicing failures reported by student loan ...Minneapolis Star TribuneFederal watchdog takes on student-loan servicersColumbus DispatchReutersall 130 news articles »

Scammers target people with student loans

Wink NewsScammers target people with student loansWink NewsCollege students from universities in various states, including Georgia and Wisconsin, said the scammer pretend to be someone from the U.S. government or an FBI agent. The caller then claims you are delinquent on student loans or dues, taxes or even ...and more »

Consumer agency will consider industry rules to better manage student loans

PBS NewsHour (blog)Consumer agency will consider industry rules to better manage student loansPBS NewsHour (blog)WASHINGTON — The Consumer Financial Protection Bureau says borrowers are reporting widespread problems with the companies servicing their student loans. The bureau reported Tuesday that these problems “may be contributing to student debt stress.Consumer agency concerned about servicing failures reported by student loan ...Minneapolis Star TribuneFederal watchdog takes on student-loan servicersColumbus DispatchUS consumer agency slams student loan servicers, eyes reformsReutersWall Street Journalall 69 news articles »

Consumer agency concerned about servicing failures reported by student loan ...

ReutersConsumer agency concerned about servicing failures reported by student loan ...Minneapolis Star TribuneWASHINGTON — The Consumer Financial Protection Bureau says borrowers are reporting widespread problems with the companies servicing their student loans. In a report released Tuesday, the bureau found servicing practices that "may be contributing to ...US consumer agency slams student loan servicers, eyes reformsReutersConsumer Regulator Hits the Books on Student-Loan ProblemsWall Street JournalConsumer agency cites problems with student loan servicingU.S. News & World ReportColumbus Dispatchall 25 news articles »

US consumer agency slams student loan servicers, eyes reforms

ReutersUS consumer agency slams student loan servicers, eyes reformsReuters"With one out of four student loan borrowers struggling to repay their loans or already in default, cleaning up the servicing market is critical," Richard Cordray, director of the Consumer Financial Protection Bureau, said in a statement. The problems ...Consumer Regulator Hits the Books on Student-Loan ProblemsWall Street JournalConsumer agency cites problems with student loan servicingWashington PostFederal watchdog takes on student-loan servicersColumbus DispatchMarketWatch -CUinsight.com (press release)all 15 news articles »