Student Loan News

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Deduct This: The History of Student Loan Interest

(Source: Forbes) – This week, I reached a pretty significant milestone: I finally paid off my undergraduate student loans.


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Recession Grads: Juggling a Tough Job Market and Student Loans

(Source: San Francisco Chronicle By Melissa McDonough) – Heading to college may double your life earnings, but it’s certainly an expensive endeavor. Student loan debt is now higher than credit card debt nationwide.  This is at a time when many [...]


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‘Unpaid Student Loan’ Raid Claim Refuted as Feds Target California Couple in Fraud Probe

(Source: FoxNews) – A California man who initially claimed to a local television station that he was roughed up by “SWAT team” members who allegedly battered down his front door to execute a search warrant related to his estranged wife’s [...]


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In Student Loan Hell? Here’s How to Get Out

(Source: San Francisco Chronicle) – Go ahead, ask me anything about cash, credit, savings and so on – I’ll do my best to provide the information you need to get ahead. There’s one subject that drives me nuts, though. Federal [...]


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Young People are ‘Proud of Debts’ from Student Loans and Credit Cards

(Source: Metro UK) – Going into the red through student loans or on a first credit card makes them feel important and self-empowered.


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A Way to Pay for College, With Dividends

(Source: The New York Times Opion Page By DAVID BORNSTEIN) – If you were a student looking for financing to pursue a degree in social science, would you accept an offer of $16,000, in exchange for paying 4.5 percent of [...]


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College Grads Face Dwindling Jobs and Mounting Loans

(Source: Beyond Chron by Sarah Jaffe) – It’s the beginning of summer: warmer weather, longer days, the end of the school year. And that means graduation for thousands of young people across the U.S.; graduation with more student debt than [...]


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‘Softened’ Regulations Issued For For-Profit Schools

(Source: NPR by Larry Abramson) – After months of delay, the Department of Education on Thursday issued new rules that could shut down some for-profit colleges and universities.


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8% of Florida students default on school loans

(Source: Sun Sentinel) – Forget term papers and roommate conflicts. For many students, the biggest college stress comes after they leave school. Six months after graduation, those first student loan bills start arriving and for a Florida student in 2009, [...]


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Klobuchar Introduces Bill to Help Soldiers with Student Loans ‎

(Source: KSTP) – Senator Amy Klobuchar wants to make sure members of the military aren’t burdened with the cost of college while serving overseas. She introduced a bill that would temporarily stop interest from building on their student loans while [...]


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Parents worry a foreclosure could stall student loans ‎

(Source: NJ.com) -Q. My husband and I invested in a rental home in Florida when prices were at their highest about six years ago. Since then we had some financial setbacks and are currently trying to sell that rental home. [...]


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Top 5 Tips to Take Charge of Your Student Loans

(Source: ABCNews/Money By Sandra Block) – This year’s college graduates will get a lot of advice over the next few weeks from a parade of commencement speakers. Find your passion. Believe in yourself. Take risks. But here’s something graduates probably [...]


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Is the For-Profit Education Industry Facing Armageddon?

(Source: The Motley Fool By Dan Radovsky) – Apollo Group with its University of Phoenix brand is the biggest player in the for-profit education industry. So it has the most to lose in what could be a life-or-death battle for [...]


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College Isn’t For Everyone

((Source: press-citizen by Beth Cody) -  May is graduation month, and parents are proud to see their high school students wearing caps and gowns.


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Big Loan Bills Loom for More Grads

(Source: Buffalo News By Jay Rey) – Congratulations, class of 2011. Welcome to debt. That’s the reality for more and more college graduates, thousands of whom earned degrees from local schools over the past few weeks. Now, they face the [...]


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Student Loans on Taxpayers’ Tab

Source: USA Today) – Government-backed “no-doc” loans given to people with little regard to their ability to repay. Soaring default rates. Taxpayers on the hook for tens of billions of dollars.


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6 Ways to Pay Federal Student Loans

(Source: nasdaq by Cameron Huddleston) – College students graduating this spring are walking away with more than just a diploma. Many will have debt — and lots of it. The average debt at graduation was $24,000 in 2009, points out [...]


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Get Informed Before Taking Out Student Loans

(Source: The Republic By Chuck Myers) – Student loans remain one of the best methods to cover the cost of a higher education. But as Congress looks for ways to trim the federal deficit, the student loan system could face [...]


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Sallie Mae CEO Says ‘The Worst is Over’

(Source: Delaware Online) – Sallie Mae is preparing for a new future and a renewed period of prosperity in Delaware, its CEO said at the student lender’s first annual shareholders’ meeting in its new home state.


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Student Loan Debt Outpaces Credit Card Debt

RHINELANDER  ( Source: wjfw) – Many people have interest-bearing bills float into their mailboxes every week, whether it’s a credit card bill or a student loan, but the growing numbers of debt have some concerned.


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Student Loans, Gov’t Pensions Eyed by Budgeteers

WASHINGTON (Source: AP Associated Press) — The White House and key lawmakers are considering reductions in student loan subsidies, farm payments and support for federal workers’ pensions as they search for cuts that can clear the way for an increase [...]


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Student Union Supports Travel Bans on Defaulting Students

(Source: ABC RadioAustralia) – Graduates in Fiji may be given travel bans if they don’t pay back their student loans on time.


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Grim Outlook for College Grads

EAST BAY (Source: ABC) — Next month, thousands of Bay Area college graduates will hit the work force or try to. The outlook for new jobs is grim. They are facing disappointing statistics, but there are a few encouraging signs.


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Graduates Face Fight for Jobs

May 15 (Source: Richmond Times-Dispatch By John Reid Blackwell) – Like other people who went back to school during the downturn, Samuel Bowles figured a graduate degree would give him a competitive edge.


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