14 Jan, 2012 [ (0) Comment ]
Student loans might be emanate in presidential race
Outstanding student loan debt -- which exceeds $1 trillion, more than what Americans owe on credit cards -- is likely to be a major political issue this election year as students and their parents question the rising cost and value of a college education.
In Occupy Wall Street encampments around the...
21 Dec, 2011 [ (0) Comment ]
Read This Before Signing for Student Loans
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13 Dec, 2011 [ (0) Comment ]
Student Loans Threatening Future of US Economy
Student loans have been in the spotlight more than ever recently as the Occupy Wall Street movement sheds light on the severity of student debt and the trouble most postgraduates experience paying it back.Many college graduates who took out loans 10 or 20 years ago and entered the job market...
8 Dec, 2011 [ (0) Comment ]
Student Loans Threaten Economic Future
Student loans have been in the spotlight more than ever recently as the Occupy Wall Street movement sheds light on severity of student debt and the trouble most post graduates experience paying it back. Many college graduates who took out loans 10 or 20 years ago and entered the...
2 Dec, 2011 [ (0) Comment ]
Student Loan Debt: Who Are a 1%?
Judith Scott-Clayton is an assistant professor at Teachers College, Columbia University.
A continuing refrain of Occupy Wall Street protesters has been “student debt is too damn high,” as James Surowiecki wrote in
20 Nov, 2011 [ (0) Comment ]
Student loans: What a drag
The Associated Press recently reported that the wealth gap between the young and old in America is the widest on record. A typical household headed by a person age 65 or older has a net worth 47 times greater...
6 Nov, 2011 [ (0) Comment ]
Student loan debt fails the future
Which brings us to the latest trillion-dollar-baby: America's student loan debt.
The Federal Reserve Bank of New York reported last month that the debt owed by U.S. college students has topped $1 trillion for the first time. That figure doesn't even take into account the loans owned by parents on behalf...
4 Nov, 2011 [ (0) Comment ]
College grads shelve adult record volume of loan debt
Student loan debt continues to climb as more students borrow to get their degrees.
According to a Huffington Post article roughly two-thirds of the class of 2010 borrowed for college, and they were hit especially hard because the unemployment rate for new college graduates stood at 9.1 percent the year...
1 Nov, 2011 [ (0) Comment ]
Obama Announces Help For Student Loan Borrowers
DENVER (AP) -- President Barack Obama recalled his struggles with student loan debt as he unveiled a plan Wednesday that could give millions of young people some relief on their payments.
Speaking at the University of Colorado Denver, Obama said that he and his wife, Michelle, together owed more than $120,000...
1 Nov, 2011 [ (0) Comment ]
Obama’s IOU misstep: an unforgivable college try
The Issue: President Obama’s plans to lower student-loan payments and forgive some debt.
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The student-loan debate overlooks one of the underlying problems that plagues higher education:...
