Wiping Out $90000 in Student Loans in 7 Months – Wall Street Journal (blog)
By Josh Mitchell Economists are increasingly worried that many young Americans will spend coming years buried under student debt. Joe Mihalic was determined not to be one of them
Read MoreStudent Loans And How They Will Affect Your Credit – San Francisco Chronicle
When it is time to go off to college, students are usually overwhelmed with the changes, including the idea of living on their own, their path of study, and if the college experience will change them. One thing that most students don’t consider is how their student loans will affect their credit.
Read MoreSixty-Three Percent of Sallie Mae Private Loan Customers Save Money by Making … – MarketWatch (press release)
NEWARK, Del., May 17, 2012 (BUSINESS WIRE) — A majority of Sallie Mae private education loan customers in college in academic year 2011-12 saved money by making payments while in school, said Sallie Mae, the nation’s No.
Read MoreDespite Concern, Banks Give Student Loans the Old College Try – Wall Street Journal
By MATTHIAS RIEKER Even as the growth of student debt stirs debate on everything from whether the government should move to ease borrowers’ burden to the ability to discharge obligations through bankruptcy, some banks are jockeying for position to lend to students. The latest salvo in the fast-moving field: RBS Citizens Financial Group, the U.S.
Read MoreRBS’s US Bank Subsidiary Wants To Grow Student Lending – Wall Street Journal
NEW YORK (Dow Jones)–Many students looking for a college loan have a new choice: RBS Citizens Financial Group. The U.S
Read MoreForget Driver’s Licenses: Student Loan Debt Is the New Teen Rite of Passage – Huffington Post
For generations, one of the most eagerly anticipated rites of passage for teenagers was getting their first driver’s license. I still remember it as one of the most exciting days of my entire life
Read MoreDrowning in student loan debt? See what experts said in our live chat – Detroit Free Press
Drowning in student loan debt?
Read MoreWhat the student loan rate hike means to you – CNNMoney
NEW YORK (CNNMoney) — For student borrowers, that pricey college education is going to cost a bit more next year.
Read MoreStudent loan blues – Baltimore Sun
Brenda Small didn’t think twice about taking out student loans to pay for nursing school in the late 1980s. She figured she could easily pay off the $20,000 bill — until an injury a few years later left her permanently unable to work.Her dreams of working in her chosen profession vanished, but not her student debts. Including interest and penalties, the 59-year-old Los Angeles woman now owes more than $39,000 and can’t afford to pay the debt from a disability income of $1,234 a month.”It’s just unbearable to have that type of weight on you and you can’t do anything about it,” Small said.Despite the perception of educational debt as a twentysomething phenomenon, Americans of all ages are on the hook for student loans that in some cases were taken out several decades earlier.
Read MoreStudent loan blues – WSBT-TV
Brenda Small didn’t think twice about taking out student loans to pay for nursing school in the late 1980s. She figured she could easily pay off the $20,000 bill — until an injury a few years later left her permanently unable to work.Her dreams of working in her chosen profession vanished, but not her student debts. Including interest and penalties, the 59-year-old Los Angeles woman now owes more than $39,000 and can’t afford to pay the debt from a disability income of $1,234 a month.”It’s just unbearable to have that type of weight on you and you can’t do anything about it,” Small said.Despite the perception of educational debt as a twentysomething phenomenon, Americans of all ages are on the hook for student loans that in some cases were taken out several decades earlier.
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