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College graduation is typically a time to tally accomplishments and to look ahead. But for many graduates, it is also a time to tally student loans and figure out how to repay them.About two-thirds of college graduates have some student loans to pay off, and their average debt is about $25,000 to $28,700, according to estimates by education experts and organizations. (About 10% of those with loans owe more than $50,000 or so.)Many college seniors say they had not thought much about their debt until they received summaries just before graduation

Student loans an obligation that’s impossible to escape – StandardNet

Ben Franklin may have been a wise founding father, but he completely underestimated Congress in the 21st century when he wrote, “In this world nothing can be said to be certain, except death and taxes.” If he had the ability of foresight, he would have said, “In this world nothing can be said to be certain, except death and student loans.” As an obligation that is impossible to escape, nothing is quite as tenacious as student loans. Even with taxes, a statute of limitation requires collection efforts to begin within a certain time or the creditor loses the legal right to collect. But there is no statute of limitations on student loans — the loan will follow you from being a senior in college to being a senior in the rest home.

Congress should protect student loans – Fremont Tribune

Like many disputes in Congress, the standoff involving a hike in student loan rates is deeply partisan. Unlike some others, this one carries high stakes

Congress must act to keep student loan interest rates from doubling (Viewpoint) – The Saginaw News – MLive.com

BY U.S. SENATOR DEBBIE STABENOWAt a time when middle-class families are struggling to make ends meet, the cost of higher education has skyrocketed, making college unaffordable for too many families

The Student Loan Debate – Huffington Post

You have to wonder if this wasn’t an election year, would the Senate still be battling over how to fund the proposal to keep interest rates on student loans where they are?

As student loans grow, so does university leadership pay – Fortune (blog)

Congratulations! You’re in debt. FORTUNE – For all the flak Wall Street gets over excessive pay, it’s only fair to take a closer look at compensation at America’s universities. The topic deserves attention, as the rise in student debt forces colleges to confront soaring costs.

Graduating College With $120K In Student Loan Debt – Here And Now

Kelsey Griffith of Ottawa, OH, graduates on Sunday from Ohio Northern University with $120,000 in debt. (Courtesy Kelsey Griffith) College students graduating this month are leaving school with more than their degree.

Guest column: Student loan debt is an economic bubble about to burst – Kalamazoo Gazette – MLive.com

By Evan Montague/Lansing Community College Graduation stories abound this time of year, inspiring students and educators alike with the promise of a career and personal success. Imagine starting this journey with a monthly payment of $276 for the next 10 years — if not longer. The average Michigan undergraduate student loan borrower is graduating with $24,000 in student loan debt.

Taxpayers Fund $454000 Pay for Collector Chasing Student Loans – Bloomberg

By John Hechinger – Tue May 15 04:01:00 GMT 2012 Occupy Wall Street protesters burn a Sallie Mae envelope during a demonstration against the rise of student loan debt reaching $1 trillion. Photographer: Scott Houston/Corbis Occupy Wall Street protesters demonstrate against student loan dept reaching $1 trillion on April 25, 2012 in New York. Photographer: Scott Houston/Corbis Enlarge image ECMC CEO Richard Boyle Educational Credit Management Corp

Student Loan Crisis – New York Times Catching Up With My Guest Posters – Forbes

I started following the student loan crisis when I noted that student loans seemed to be neck and neck with health care as the primary grievances on the We Are The 99% site. I was very lucky to get two pretty regular guest posters Alan Collinge and Tim Smith, who have written on the issue from different angles. I was astonished to get a call from Sallie Mae asking me how they could get their side of the story onto Forbes.com. At the risk of being prosecuted for impersonating a journalist, I did a brief interview with John Remondi, President and COO of Sallie Mae. I’m still hoping for some guest posts from Sallie Mae, but nothing has come through yet. Sunday, I heard from Tim Smith, who let me know that the New York Times was picking up on the issue with this piece. I invited him to share his reaction. Here it is.