Category: Student Debt
Challenges with student debt are crippling the financial prospects of millions of Americans, young and old. The financial burden of student debt is greatest on Millennials who are just starting, but it also impact Gen Xers still paying off their student debt and even Boomers nearing retirement who either funded their own higher education or helped children cover theirs. We have the latest news on student debt, from key government decisions regarding federal student loan debt relief programs to stats on how America is dealing with its student debt burden.
March 20th, 2017 | Meghan Alard
Roughly 3,000 borrowers per day default on their federal student loans. We tell you how to avoid being another statistic in the student loan default rate.
February 6th, 2017 | Meghan Alard
Amidst the uncertainty of the new administration’s changes to federal student loan relief, more states are stepping up to offer tuition-free education.
Student Debt, Young Consumers
February 3rd, 2017 | Meghan Alard
A new report finds seniors’ student debt burden has more than doubled in the past decade. We explain what seniors can do to eliminate student debt.
Seniors, Student Debt
December 19th, 2016 | Meghan Alard
A report finds the federal government could be out up to $108 billion from student loan repayment and forgiveness plans. What does this mean for borrowers?
December 7th, 2016 | Meghan Alard
A new homebuyer assistance program in Maryland provides a means for borrowers burdened by student loan debt to achieve homeownership faster.
Homebuyers, Housing, Student Debt
November 2nd, 2016 | Meghan Alard
The CFPB estimates that one in three rehabilitated student loan borrowers is at risk of re-defaulting on their student loan debt in the next 2 years.
October 13th, 2016 | Meghan Alard
In some states, nearly one out of five borrowers who graduated during the 2012-2013 schoolyear have defaulted on their student loan debt payments.
September 7th, 2016 | Meghan Alard
Credit card convenience fees aren’t the only problem that comes with paying college tuition by credit card. Interest charges put you at high risk.
Credit Cards, Student Debt, Young Consumers
September 2nd, 2016 | Meghan Alard
Today’s student debt crisis may be rooted in the savings crisis faced by parents following the Great Recession. Here’s what to do to prepare for college.
Saving, Student Debt, Young Consumers
August 12th, 2016 | Meghan Alard
A White House report finds the cost of education and challenges faced by borrowing are ultimately worth it for the career benefits of a college degree.