19 Jan, 2012 [ (0) Comment ]

Easing Student Loan Repayments

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College costs are out of control. Total outstanding student loans hover around $1 trillion, second only to home mortgages as the largest debt Americans carry. Student loan repayment takes a hefty toll on starting salaries even during good economic times. But with so many recent graduates unable to find a...

9 Nov, 2011 [ (0) Comment ]

New sovereign tyro loan module will top repayments, connect debts

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U.S. President Barack Obama on Oct. 26 announced changes to federal student loan programs that seek to facilitate student loan repayment.

Speaking to an audience at the University of Colorado Denver, Obama outlined his "Pay As You Earn" proposal, which will allow students with student loans from income−based repayment (IBR) plans...


1 Nov, 2011 [ (0) Comment ]

Taking advantage of new tyro loan assistance

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About two-thirds of graduates with a bachelor's degree have student loans, according to the College Board. While the average debt is about $24,000, 10% of undergraduates have loans of $40,000 or more, according to the Project on Student Debt.

Student loans are...

27 Oct, 2011 [ (0) Comment ]

College loan remodel devise won’t assistance all

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President Barack Obama announced Wednesday two new measures designed to ease the burden of student-loan debt.

The initiative won praise from college-affordability advocates and from some members of Congress, including the Vermont delegation. The benefits for Vermont borrowers who obtained loans through the Vermont Student Assistance Corp. are not so clear....