For high school graduates and college students, summer break is a great time to relax and enjoy the weather. However, it's also an important time to plan for the next academic year and ensure that you take advantage of the resources available to help students like you.
You've got a multitude of consolidation and repayment methods to choose from. Needless to say, it's important to figure out how to pay down your loans quickly -- and with as little stress as possible. Here's what you need to do.
This year, both candidates have focused heavily on the economy -- and with good reason, as it is on the mind of nearly every voter. But what gets far too little attention is the fact that the future of the American economy is tied directly to the success of young people.
What separates Democrats and Republicans on the matter of the student debt crisis is a chicken or egg debate about low-cost, lightly credit-underwritten government financing and grant-giving, and the unsustainably high tuition prices charged by the schools.
To millions of Americans and their children caught in the pincers of a pressing need for a college education that each year grows more expensive, the Obama administration has quietly thrown a lifeline. So quietly, in fact, that you probably don't know about it.
With college debt soaring over a trillion dollars, parents and students are up in arms. It's no wonder why California students have started demonstrating and the Occupy Wall Street movement has taken up the banner too.