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2 Apr, 2012 [ (0) Comment ]
Can former students help solve the student loan crisis? That's the reasoning behind a new loan initiative launched last year at Stanford University, one of the nation's most elite and expensive colleges, where undergraduate tuition...
2 Apr, 2012 [ (0) Comment ]
That even seniors remain saddled with student loans highlights what a growing chorus of lawmakers, economists and financial experts say has become a central conflict in the nation’s higher education system: The long-touted benefits of a college degree are being diluted by rising tuition rates and the longevity of debt.
Some...
1 Apr, 2012 [ (0) Comment ]
The debt collector on the other end of the phone gave Oswaldo Campos an ultimatum:
Pay $219 a month toward his more than $20,000 in defaulted student loans, or Pioneer Credit Recovery, a contractor with the U.S. Education Department, would confiscate his pay. Campos, disabled from liver disease, makes about $20,000...
1 Apr, 2012 [ (0) Comment ]
31 Mar, 2012 [ (0) Comment ]
This is the real Alan Collinge
Allan Collinge has appeared here several times with posts on the student loan crisis. He just sent me a new contribution with his commentary on the Republican budget proposal as it relates to student loans. I...
30 Mar, 2012 [ (0) Comment ]
State cutbacks to higher education are forcing some people to take out more student loans.
NEW YORK (CNNMoney) -- Total student loan debt has topped $1 trillion ... but there's no need to panic.
Most borrowers have a reasonable amount of...
30 Mar, 2012 [ (0) Comment ]
29 Mar, 2012 [ (0) Comment ]
As if the student loan debt burden wasn't troubling enough, some parents are saying, "Bring on the debt!"... even though their kids haven't even learned to read.
That's right: cash-strapped parents who want to send their young ones to private schools are taking out loans to pay...
29 Mar, 2012 [ (0) Comment ]
As the average amount of debt for young adults increases once more this year, students may face further financial strains when interest rates for student loans double this summer.
Come July 1, the student loan interest rate will increase from 3.4 percent to 6.8 percent.
The current, lower interest rate is the...
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