Today we take a look at one of the faces of dealing with student loan debt. This is not about someone in their 20s or 30s struggling with student loans, but a woman in her 70s. We’ll look at why she took on the student loans, why they’re still lingering decades later and the damage […]

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A new rule made in November last year came online last month and offers great hope to those whose federal student loans are in default. If you’re behind on your loans, now is the time to act – you can get your loans rehabilitated for the lowest payments ever possible. This new rule has been […]

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We wrote recently about why students should be concerned with cohort default rates (CDR) and why college administrators should be even more concerned about this all-important student loan number that’s on the rise even for the most reputable schools. The cohort default rate is huge because if it’s above an acceptable threshold and remains high, […]

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The New York Times published a recent piece called The Beginner’s Guide to Repaying Student Loans in which they mention that one-fourth to one-third of borrowers are late on their very first student loan bill and it goes downhill from there with 35% of student loan debtors being 90 or more days delinquent. NYT calls this […]

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When you’re looking at colleges in your junior or senior year of high school, contemplating a transfer to a new school or planning to go back to college, there are a number of factors to consider. Cost is, of course, a huge concern, as is geography if a school you’re looking at charges out-of-state tuition. […]

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Recently, Treasury Department Deputy Secretary Sarah Bloom Raskin spoke at the University of Maryland and took the Department of Education to task on failing struggling student loan borrowers.

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The Consumer Financial Protection Bureau (CFPB) is living up to its promise to be a watchdog on the student loan industry. Last week, they issued a report on private student loans that should cause all borrowers with a cosigned loan to sit up and take notice. The report covers the six months from October 2013 […]

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If you’re struggling to pay your student loans each month, one of the worst things you can do is to do nothing at all. Student loans won’t go away and federal loans have no statute of limitations, so they will inevitably catch up to you. It’s best to be proactive and request a deferment or forbearance […]

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A new study published by Sallie Mae – How America Saves for College 2013 – looks at how the typical undergraduate and their family pays for college. The lender has been conducting this research since 2009 and this is the third report of results. The overall outlook is interesting – it shows that parents fully […]

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