Thursday, 30 April 2015

Some former Corinthian Colleges students to get loans forgiven

Chicago TribuneSome former Corinthian Colleges students to get loans forgivenChicago TribuneA top education official said Wednesday that the 16,000 former Corinthian Colleges students who saw their campuses abruptly close this week will automatically have their federal student loans discharged — but only if they agree to forgo any credits ...Not paying back student loans could lead to future problemsKRON4.comSome former Corinthian students to get loans forgivenU.S. News & World ReportHeald student dilemma: Pay back loans or lose creditsHonolulu Star-Advertiserall 331 news articles »

How Student Loans Could Cripple the U.S. Economy

BloombergHow Student Loans Could Cripple the U.S. EconomyBloombergIt's what they and their parents must borrow to pay for college—what he calls “this long-term unmitigated acceleration in the cost”—that he targets. It's something people should be concerned about even if no tuition or student loan looms in their ...

Student Loan Financing Reform

The Public SlateStudent Loan Financing ReformThe Public SlateStudent loan financing is continually increasing in volume. Budgetary accounting procedures are creating a discrepancy in budget projections. The Fair Credit Reform Act (FCRA) of 1990 established procedures for calculating the cost of federal credit ...and more »

Student Loan Forgiveness (and Other Ways the Government Can Help You ...

U.S. Department of Education (press release) (blog)Student Loan Forgiveness (and Other Ways the Government Can Help You ...U.S. Department of Education (press release) (blog)Here's a question a lot of people may be wondering … Is it really possible to have my federal student loans forgiven or to get help repaying them? The answer is: Yes! However, there are very specific eligibility requirements for each situation in ...

Student Loan Forgiveness (and Other Ways the Government Can Help You ...

U.S. Department of Education (press release) (blog)Student Loan Forgiveness (and Other Ways the Government Can Help You ...U.S. Department of Education (press release) (blog)Here's a question a lot of people may be wondering … Is it really possible to have my federal student loans forgiven or to get help repaying them? The answer is: Yes! However, there are very specific eligibility requirements for each situation in ...

Why Miles Teller and Other Celebrities Keep Their Student Loans

Huffington PostWhy Miles Teller and Other Celebrities Keep Their Student LoansHuffington PostIt has been almost two years since publicly-held student loan debt reached the $1 trillion mark. According to The Institute for College Access & Success (TICAS), seven in 10 undergraduates had taken loans to fund their education, averaging over $28 ...

Wednesday, 29 April 2015

A proposed college graduation gift: $0 student

azcentral.comA proposed college graduation gift: $0 student-loan debtazcentral.comTwo Arizona Democrats think college graduates should leave school with a cap, gown and diploma — and a zero balance on their student loans. U.S. Reps. Raúl Grijalva of Tucson and Ruben Gallego of Phoenix are helping to lead the charge among liberals ...

Not paying back student loans could lead to future problems

KRON4.comNot paying back student loans could lead to future problemsKRON4.comFormer and current college students calling themselves the “Corinthian 100” say they are on a debt strike and refuse to pay back their student loans. The name comes from Corinthian Colleges Inc., which operated the for-profit Everest College, Heald ...Heald student dilemma: Pay back loans or lose creditsHonolulu Star-AdvertiserSome former Corinthian students to get loans forgivenNewsdayall 266 news articles »

A proposed college graduation gift: $0 student

azcentral.comA proposed college graduation gift: $0 student-loan debtazcentral.comTwo Arizona Democrats think college graduates should leave school with a cap, gown and diploma — and a zero balance on their student loans. U.S. Reps. Raúl Grijalva of Tucson and Ruben Gallego of Phoenix are helping to lead the charge among liberals ...

Your Views: Why can't college grads refinance student loans?

Dallas Morning NewsYour Views: Why can't college grads refinance student loans?Janesville GazetteWe need to restructure student loan debt and allocate more of the taxes we already pay to public universities. New college grads find that even with jobs, paying the bills and feeding themselves is nearly impossible because of student loan debt. At one ...Navigating the Thickets of Student Loan CounselingDallas Morning NewsBorrower Voices Explain the Need for Affordable Student-Loan RepaymentCenter For American ProgressYou can lower your student loan payments, but it's not easyChicago TribuneWindsor Star (blog) -Targeted News Service (subscription)all 7 news articles »

4 Things to Think About When Refinancing Student Loans

U.S. News & World Report (blog)4 Things to Think About When Refinancing Student LoansU.S. News & World Report (blog)The same goes for refinancing a private loan into a new private loan, too. However, you cannot refinance federal or private student loans into a federal loan. Some legislators have proposed making this an option, but it does not currently exist. You ...and more »

Wish you could go back and make different student loan choices? Surprising ...

Fox 59Wish you could go back and make different student loan choices? Surprising ...Fox 59INDIANAPOLIS, IN (April 29, 2015) – A new survey reveals the majority of college graduates regret student loan choices. The American Institute of CPAs (AICPA) released findings Wednesday morning from a telephone survey by Harris Poll of more than ...AICPA Survey: 68 Percent of Americans Regret How They Financed CollegeBusiness Wire (press release)Sixty-eight percent of Americans are unhappy with the way they financed collegeJournal of Accountancyall 4 news articles »

Tuesday, 28 April 2015

Navigating the Thickets of Student Loan Counseling

Dallas Morning NewsNavigating the Thickets of Student Loan CounselingDallas Morning NewsAs a former student loan borrower himself, President Barack Obama has more than a passing familiarity with the complexities of higher education finance. But in a little-noticed bit of comment last year in an interview with David Karp, the founder of ...

Corinthian Students Face Tough Choice to Discharge Loans

NBCNews.comCorinthian Students Face Tough Choice to Discharge LoansNBCNews.comStudents at the abruptly shuttered Corinthian Colleges campuses have some tough choices to make in the coming weeks. The 16,000 affected students can seek debt forgiveness for their student loans, but to do so, they have to walk away from the time and ...Petition Calls For Loan Relief For Corinthian College StudentsThe ConsumeristFor-Profit College Shuts Down Dozens Of Campuses, Leaving Thousands Of ...ThinkProgressCorinthian closing its last schools; 10000 California students displacedLos Angeles Timesabc7news.com -MarketWatch -NPR (blog)all 613 news articles »

Can I Refinance My Student Loans if I Didn't Finish College?

Huffington PostCan I Refinance My Student Loans if I Didn't Finish College?Huffington PostFinancing one's higher education is a struggle for many as the average student debt for the graduating class of 2014 exceeded $30,000. Even if you didn't finish college though, you're not necessarily stuck with your potentially high interest student loans.

MBA Programs Where Grads Can Afford Their Student Loans

U.S. News & World ReportMBA Programs Where Grads Can Afford Their Student LoansU.S. News & World ReportThe U.S. News Short List, separate from our overall rankings, is a regular series that magnifies individual data points in hopes of providing students and parents a way to find which undergraduate or graduate programs excel or have room to grow in ...

Monday, 27 April 2015

9 Things You Should Know About Your Student Loans

Huffington Post9 Things You Should Know About Your Student LoansHuffington PostStudent loans may seem complex, but even if you breezed over the fine print when accepting your loan, it's never too late to catch up. Whether you just graduated or have been out of school for a couple years, understanding the basics of your student ...Martin O'Malley: Make all federal student loans income-basedMadison.comHow to manage student loan debtSioux City Journalall 7 news articles »

Petition Calls For Loan Relief For Corinthian College Students

The ConsumeristPetition Calls For Loan Relief For Corinthian College StudentsThe ConsumeristThe National Consumer Law Center's Student Loan Borrower Assistance Project started a petition that aims to ensure consumers receive the relief they deserve and that the Dept. of Education holds CCI and other for-profit colleges accountable for their ...and more »

9 Things You Should Have Learned About Your Student Loans

Huffington Post9 Things You Should Have Learned About Your Student LoansHuffington PostStudent loans may seem complex, but even if you breezed over the fine print when accepting your loan, it's never too late to catch up. Whether you just graduated or have been out of school for a couple years, understanding the basics of your student ...Martin O'Malley: Make all federal student loans income-basedMadison.comHow to manage student loan debtSioux City Journalall 5 news articles »

Jim Webb's Surprisingly Bipartisan Views on Student Loans

Huffington PostJim Webb's Surprisingly Bipartisan Views on Student LoansHuffington PostThis is part of an ongoing series by Credible about how the 2016 presidential candidates would affect student loans and the financing of education for students and borrowers. “Stay tuned,” Jim Webb told the International Association of Firefighters at ...and more »

Corinthian closing its last schools; 10000 California students displaced

Los Angeles TimesCorinthian closing its last schools; 10000 California students displacedLos Angeles TimesThe move ends the turmoil at what was once one of the nation's largest for-profit college chains but presents fresh challenges to students, who now must seek transfers or federal loan forgiveness. The loans were both the lifeblood and the downfall of ...Abrupt closure of Corinthian Colleges, including Heald, shocks studentsSacramento BeeCorinthian Colleges Completes Collapse, Closes Remaining Campuses ...The ConsumeristEmbattled for-profit Corinthian Colleges closes its doorsWashington PostCBS Local -MainStreet -U.S. News & World Reportall 242 news articles »

Sunday, 26 April 2015

The Times to Actively Manage Your Student Loans

Huffington PostThe Times to Actively Manage Your Student LoansHuffington PostStudent loan repayment is often a long-term endeavor, but understanding the opportune times to adjust your repayment strategy could save you a lot of time and money over the course of your loans. There are a number of financial events that should ...How to manage student loan debtSioux City Journalall 3 news articles »

3 Menacing Myths About Student Loans

Motley Fool3 Menacing Myths About Student LoansMotley FoolStudent loans can be a financial burden for many Americans, but there are right and wrong ways to handle your student loan debt. We asked our analysts to explain three commonly used student loan options that might not be as good of an idea as you may ...

Saturday, 25 April 2015

The Ugly Truth Behind the Student Loan Crisis

Motley FoolThe Ugly Truth Behind the Student Loan CrisisMotley FoolAs seen in the graph below, provided by the New York Fed, student loan balances have increased even as other forms of consumer debt have declined. Student loans, it seems, were immune to the so-called "great deleveraging" that followed the financial ...

A Key Consideration When Refinancing Your Student Loans

Huffington PostA Key Consideration When Refinancing Your Student LoansHuffington PostAs the outstanding student loan debt in the United States now easily surpasses $1 trillion, students across the country are exploring ways to be smarter with their money. A key solution to save money is to explore student loan refinancing options ...

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