Though not out-rightly against aiding student borrowers, his political priorities clearly lay elsewhere--with shrinking big government, strengthening states' rights, and expanding the private sector.
When it comes to what goes on in the marble corridors of the Federal Reserve, Americans tend to be suspicious. For different reasons, both the right and the left have challenged Fed policies aimed at bolstering the economy in the wake of the Great Recession.
When you've been working for a while at paying off your student loans, it may become tempting to gather your funds and pay off your loans once and for...
This is part of an ongoing series by Credible about how the 2016 presidential candidates would affect student loans and the financing of education for...
What happens if you don’t pay your student loans? Last year, over 11.3% of all student loans were considered delinquent. This statistic has doubled...
At Credible we are writing about how the 2016 presidential candidates would affect student loans and the financing of education for students and ...
Marco Rubio, the junior Republican Senator from Florida, will formally launch his presidential campaign on Monday. Facing a crowded field of competitors, he hopes to carve out a space for himself as the fresh-faced Republican who challenges the party's establishment and connects with younger voters.
A large percentage of college kids have not been taught to properly use credit. There are a few reasons for this. It could be that the parents don't understand it completely, so they pass on really bad habits. It could be that they just ignored the conversation at home. Here's why I think giving a college student a credit card is a bad idea.
One night I grabbed a glass of wine, put on music and set out all my bills on my dining room table so I could write out my monthly expenses in a notebook. I always knew the rough amount of my expenses but had never compiled them together all in one place before.
If legal remedies for borrowers, such as defense to repayment, exist only on paper, they are not worth very much. Meeting with Corinthian borrowers is the first step in the Department's necessary recognition that it needs to be more proactive and protective when it comes to student borrowers.
If the word "crisis" seems dramatic to you, you haven't been paying attention. The Federal Reserve recently released new data on student debt, and it shows that the situation is even worse than many people realized. There's a lot of new information available, but here are four things every American needs to know.
President Obama's efforts to simplify the student loan program and to end poor loan services and deceptive debt collection practices are all good. However, the changes he put forward do not go far enough to adequately address the problems of high tuition and high debt.
Young people have taken it for far too long. The exploitation of my generation began quietly with brutal standardized testing and increased rates of childhood poverty. It crescendoed with raising university tuition prices until the stage was set for the grand finale.
For the seven in ten college graduates with student loans, managing education debt is a solitary struggle. If you find yourself as a member of this silent majority, it can be difficult to understand your own debt burden in the wider context of the ongoing national crisis that fills in the headlines.
There are many resources for student loan borrowers trying to figure out repayment, and some go to financial planners for advice on how to manage their student loan debt as a part of a broader financial strategy that will carry them into retirement.
I've argued that Hillary Clinton is at risk of being a weak presidential nominee -- on several counts. She seems like yesterday's news rather than tomorrow's. The excitement of a having a breakthrough woman president is blunted by the fact that her husband got there first. She will raise a ton of money from Wall Street, just like the Republican nominee, blurring differences and depressing turnout. Despite the absence of a formidable primary challenger (assuming Elizabeth Warren doesn't run), Clinton is likely to under-perform in the primaries. Still, she is likely to be the Democratic nominee. While it's good that Clinton is positioning herself as more of a progressive, I think she needs to be even more radical, both to generate real enthusiasm and to address America's real problems.