Revolt growing as more people refuse to pay back student loans

Standard-ExaminerRevolt growing as more people refuse to pay back student loansStandard-ExaminerWASHINGTON — Remember those 15 people who refused to repay their federal student loans? Their “debt strike” has picked up 85 more disgruntled borrowers willing to jeopardize their financial future to pressure the government into forgiving their ...

Two issues for Corinthian Students: Private and Federal Student Loans

ForbesTwo issues for Corinthian Students: Private and Federal Student LoansForbesThe federal government has extraordinary tools to collect on defaulted federal student loans; however, many of these tools are not available to debt collectors seeking to collect on your defaulted private student loan. A debt collector trying to ...

Two issues for Corinthian Students: Private and Federal Student Loans

ForbesTwo issues for Corinthian Students: Private and Federal Student LoansForbesThe federal government has extraordinary tools to collect on defaulted federal student loans; however, many of these tools are not available to debt collectors seeking to collect on your defaulted private student loan. A debt collector trying to ...

A Third Way Past Student Loans

American SpectatorA Third Way Past Student LoansAmerican SpectatorRALEIGH, N.C. — As lawmakers debate various proposals to ostensibly solve the $1 trillion student-loan crises in America—lower student-loan interest rates or forgive loans altogether being two—clear-thinking individuals should catch a vision for ...

Let Debtors Refinance Student Loans

Hartford CourantLet Debtors Refinance Student LoansHartford CourantA bill recently introduced in the U.S. House by Rep. Joe Courtney, D-2nd District, would let those with student loan debt do something they can't do now: refinance their student loans. It's a much-needed measure that, in the long run, would help both ...

More than half of all education loans in South India, TN and Kerala take 38%

The Indian ExpressMore than half of all education loans in South India, TN and Kerala take 38%The Indian ExpressJust two states, Tamil Nadu and Kerala, have accounted for nearly 40 per cent of education loans disbursed in the country so far, indicating the skew in the tapping of bank funds for education. Banks have disbursed Rs 16,380 crore in Tamil Nadu, Rs 10 ...

Miles Teller Hasn't Paid Off His Student Loans Yet

J-14 MagazineMiles Teller Hasn't Paid Off His Student Loans YetJ-14 Magazineshare tweet. Divergent Actor Miles Teller revealed big news to Vulture this week - he hasn't paid off his student loans from New York University's Tisch School of the Arts yet, even though he graduated back in 2009 and has had quite the lucrative career!

What To Do If You Can't Repay Your Student Loans

International Business TimesWhat To Do If You Can't Repay Your Student LoansInternational Business TimesStudent loan debt is a very real thing and many people are finding it hard to make their monthly payments. While it may seem like a daunting task, there are ways to make the repayment process work in your favor. Let's take a look at some advice that ...

Affording Student Loans, Avoiding Bankruptcy

YourErieAffording Student Loans, Avoiding BankruptcyYourErie"It has to be a situation where there is absolutely no way the borrower could ever repay the loan," said Foster, adding that you must prove 'undue hardship' in order to file bankruptcy on student loans. "[You should] exhaust all options as to the ...

Affording Student Loans, Avoiding Bankruptcy

YourErieAffording Student Loans, Avoiding BankruptcyYourErieMarch 26, 2015 - As the student loan debt rises above $1.3 trillion, there's never been a better time to make sure you and your student are financially secure, and aware, when it comes to affording a higher education. "Only borrow for the educational ...

Borrowers could refinance student loans under new amendment

KATUBorrowers could refinance student loans under new amendmentKATU“This legislation would put more money in borrowers' pockets by bringing down the costs of the investments they made in their education, which will benefit our economy and help lift the burden of student loans for people in Washington state and across ...

These States Will Take Your License for Not Paying Student Loans

BloombergThese States Will Take Your License for Not Paying Student LoansBloombergLegislators in two states are trying to repeal laws that let authorities revoke driver's licenses or professional licenses when people fall severely behind on their student loan payments. The Montana senate is considering a bill that passed the house ...

Take 4 Steps to Understand Student Loan Interest Rates

U.S. News & World ReportTake 4 Steps to Understand Student Loan Interest RatesU.S. News & World ReportAnd while her experience is extreme, the fact is that interest is a major – and often overlooked – cost of borrowing student loans. Even ignoring interest while in school can cause it to escalate, says Scott Morrison, director of financial aid at ...

The Potentially Huge Impact of Student Loans on Your Credit Score

Huffington PostThe Potentially Huge Impact of Student Loans on Your Credit ScoreHuffington PostThough most people are aware that their credit score is important -- it can affect your ability to rent apartments, get a mortgage or car loan, or reduce your student loan interest rates -- there are many myths surrounding what can actually help or ...

Miles Teller Still Hasn't Paid Off His Student Loans, Despite Starring in ...

Us MagazineMiles Teller Still Hasn't Paid Off His Student Loans, Despite Starring in ...Us MagazineWhiplash star Miles Teller admitted to Vulture that he has yet to pay off the entirety of his student loans from New York University. The Florida native, now 28, graduated from NYU's Tisch School of Performing Arts in 2009, but despite starring in a ...

Pay Off Your Student Loans with Trivia

PSFK (blog)Pay Off Your Student Loans with TriviaPSFK (blog)Paying off college loans is not only difficult, depending on your career, it can take decades. American post-grads have a combined loan debt of $1.2 trillion dollars, and it doesn't look to be plateauing any time soon. One company, however, wants to ...

The hidden crisis in student loans

Education DiveThe hidden crisis in student loansEducation DiveIn a New York Times piece, University of Michigan professor Susan Dynarski that the U.S. Department of Education doesn't have the capacity to monitor its $1 trillion student loan portfolio, and other federal agencies that could — the Federal Reserve ...

Congress Must Investigate Student Loan Costs

Town HallCongress Must Investigate Student Loan CostsTown HallBut if you want to talk about a looming crisis that gets mentioned frequently, but about which absolutely nothing is being done, then that is the booming student loan portfolio that is going to crash down on America's head soon. This Congress – the ...

Pa. rep proposes tax credit for student loans

abc27Pa. rep proposes tax credit for student loansabc27HARRISBURG, Pa. (WHTM) – A Pennsylvania representative has introduced legislation to provide a tax credit for interest paid on student loans. Rep. Mike O'Brien (D-Philadelphia) said his proposal, House Bill 607, would allow a credit of up to $2,500 ...

New FinTech Companies Aim To Help Student Loan Borrowers

ForbesNew FinTech Companies Aim To Help Student Loan BorrowersForbesOver the last few years, several FinTech (Financial Technology) companies have started with an aim to help student loan borrowers better manage their student loan debt. Realizing that there is over $1 trillion in outstanding student loans, these ...

Playing off student loans

Vidette OnlinePlaying off student loansVidette OnlineFor most college students, their worst fear is leaving college and facing their accumulated student loans. But what if an avenue existed to alleviate this debt? After two years in the works, Lizabeth Pratt created an online trivia game, Givling, as a ...

Senate bill would waive student loans in bankruptcy

Christian Science MonitorSenate bill would waive student loans in bankruptcyChristian Science MonitorStudent loans have long been exempt from the protections offered by bankruptcy, but a new Senate bill would change that. The move come as the White House and lawmakers are working on multiple fronts to attack what is being called a student-debt crisis.

What It's Like Not to Be Able to Pay Your Student Loans

Pacific StandardWhat It's Like Not to Be Able to Pay Your Student LoansPacific StandardThe share of Americans defaulting on their student loans or putting them off for years is increasing, as New America Foundation researcher Jason Delisle argued in the Wall Street Journal last year. What's it like not to be able to pay your student-loan ...

5 Things to Know About Bankruptcy and Student Loans

Wall Street Journal (blog)5 Things to Know About Bankruptcy and Student LoansWall Street Journal (blog)The White House is considering whether to make it easier for Americans to get rid of their student loans through bankruptcy, a major change that would effectively open the door for student debt being treated on par with credit-card debt and mortgages.

Get Schooled: Here's What Happens When You Fail To Pay Your Student Loans

Madame NoireGet Schooled: Here's What Happens When You Fail To Pay Your Student LoansMadame NoireAlthough a group of students are going on a debt strike against Corinthian Colleges and boycotting their student loans, it's not a good idea for everyone to do the same. A little more than 11 percent of student loans were delinquent at the end of 2014 ...