Huffington Post Reader Question Dear Steve, I just read your article and am hoping you can assist me. I'm already on a loan forgiveness plan, I ...
"At this point I can never even imagine a reality of owning a home or business until these loans are paid off, which is still at least 10 years away. Is there anything I can do to make a solid impact on my debt, and start reversing the cycle?"
I never thought I would be at odds with a president I voted for twice over a program started by George W. Bush, but that is where I find myself now.
The scammers are ahead of the experts on selling student loan solutions. It's not unusual at all for me hear from people who were charged $20,000-$37,000 for student loan help that's available for free.
Dear Sallie Mae, I would like to thank you for lending me a massive amount of money so that I could get a higher education. I wouldn't trade my time ...
Students around the country have families who have been evicted from homes; parents who have used their retirement accounts to pay the mortgage until it ran dry; rent and student loan payments that leave them with less than 50 dollars a month with which to buy food.
If this proposal passes as is, I fear the benefits of education will not outweigh the burden of debt for most Americans. Education is a key component to the economic success of a country, but in America, it is becoming a more of a financial hindrance than a career gain.
In July of 2012, after a two-year investigation, the Senate HELP Committee released a scathing report on the for-profit college industry. The investig...
Being student-loan-free means I'm old. As in, I should have my life figured out by now. I should be married (which I'm not), have kids (which I don't) and know what I want to do career-wise (again, I don't). I'm almost 29 and don't know what the rest of my life will look like.
For those of us in the early part of our financial life-cycles, the little things can make a big difference. This is especially true for student loan borrowers like myself.
It seems that the government is gathering kindling for a big bonfire.
While access to credit enables us to carry these kinds of debts, they hurt our ability to gain more access to credit - so the big-screen television you buy today could well be the one thing that prevents you from getting a mortgage on the perfect house next year.
We have a perfect storm of rich companies deciding to stick it to their employees. There has been little buzz about recent findings that Facebook offered no matching contribution to its employees' 401(k) accounts in 2012 and 2013.
16 Percent of First-time Homebuyers Say Student Debt Has Kept Them From Buying: My husband and I would love to own a home, but right now we just ca...
In our slowly recovering economy, people are doing better managing their credit cards, mortgages, auto loans, and home equity loans. But when it comes to student loans it is a freaking disaster.
This has all the makings of a bubble and when it bursts, it will hobble students' ability to borrow for college. Reforms are needed, but there is very little political will and talk of bubbles never penetrates those inside the bubble.