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This is an exciting time of year in the life of a high school senior. Prom, graduation, finally settling on a college, and, of course, deciding how to pay for it.Many will need to depend on student loans. There are several important changes coming soon that new borrowers, returning student borrowers and those who are no longer in school should be aware of

Will: Less bipartisanship needed on student loans – The Columbian

By George Will Columbian Syndicated Columnist Sunday, May 20, 2012 Bipartisanship, the supposed scarcity of which so distresses the high-minded, actually is disastrously prevalent. Since 2001, it has produced No Child Left Behind, a counterproductive federal intrusion in primary and secondary education; the McCain-Feingold speech rationing law (the Bipartisan Campaign Reform Act); an unfunded prescription drug entitlement; troublemaking by Fannie Mae and Freddie Mac; government-directed capitalism from the Export-Import Bank; crony capitalism from energy subsidies; unseemly agriculture and transportation bills; continuous bailouts of an unreformed Postal Service; housing subsidies; subsidies for state and local governments; and many other bipartisan deeds, including most appropriations bills.

Staten Island college students crushed by a lesson in debt – SILive.com

STATEN ISLAND, N.Y. — Robert Applebaum graduated from law school in 1998 — and thanks to all the interest on his loans, the Richmond attorney still hasn’t managed to put a dent in the $65,000 principal he borrowed to afford law school at Fordham University. He’s not alone

Harkin Talks About Student Loans – WOI

by Phil Prazan pprazan@myabc5.com College students around the country are bracing for a big cost increase. Loan interest rates are set to double this July

Whistleblower: Loan consolidation — for a fee – Minneapolis Star Tribune

Instead of leaving you to track down student scholarships or fill out FAFSA forms yourself, companies will eagerly do it for you for a fee. Now, thousands of Minnesotans saddled with student debt are companies’ latest targets: For a cost, they’ll consolidate your federal loans for you

Congress needs to protect student loans – The Herald | HeraldOnline.com

The following editorial appeared in the Miami Herald on Wednesday: 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.

Best-Kept Secrets Of Student Loan Borrowing – Huffington Post

By: Robyn Gee Story after story about college students graduating with mountains of debt permeate the news every day.

Crowdsourcing the Student Loan Mess – Huffington Post (blog)

For the record, I am not now, nor have I ever been, a member of the Hitler Youth.

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

Student Loan Debt Collector Gets Paid $454000 In Taxpayer Money – Huffington Post

Debt collectors may have a worse reputation in the eyes of the public than members of Congress, ambulance-chasing lawyers and even sleazy tabloid journalists.