To ensure the ongoing health of the student loan market, it would be beneficial for all student borrowers to make their scheduled monthly payments, and complete their repayment schedule by the loan maturity date. However, on an individual basis, this might not be so easy.
Millennials may be spending more for college and racking up record debt, but they don't mind, according to a new survey of 500 university graduates by Credit Sesame.
Retirement prospects seem grim for Millennials, but they're especially tough for first-generation Latinos from mixed immigrant status families. Yet as a young Latina, I'm more worried about my family's retirement prospects than my own.
Mr. Hansen is fighting to see that some of the same students enrolled on the basis of such abuses can be socked with enormous collection fees that will go in his company's coffers. Of course, Hansen isn't coming up with all his ideas himself.
The good news: Employing all of the following 10 tips can help you get rid of your student loans in just one year. There are, however, a couple of things to consider, such as how much you owe versus how much you're earning.
Recently, Arne Duncan, U.S. Secretary of Education, and Under Secretary Ted Mitchell held a conference call discussing the Department's plans for debt relief for Corinthian College students as well as to discuss holding other predatory schools accountable.
The continued growth of student loan debt in the United States has reached staggering numbers of more than $1.2 trillion and 40 million borrowers. Those pursuing a medical, dental, MBA or law degree have to deal with a serious price tag that is significantly higher than the national average undergraduate balance of $29,000.
If you serve or have served your country in one of the armed forces, then you are eligible for various types of educational financial aid. The options differ if you are in school, if you have already graduated but have not yet enlisted, or if you are on active duty or a veteran.
For MBA graduates, student loan debt is all too common. In fact, nearly 70 percent of all graduate students finish school with some level of MBA student loan debt. For business school grads, the average amount of debt is $42,000, according to The Graduate Student Debt Review.
What are all of your options for MBA loans? If you're a first-time borrower or a few years removed from taking out your undergraduate loans, the lending landscape can be confusing and challenging to navigate. Here's a quick guide to your loan options for funding your MBA
Democratic presidential candidate Martin O'Malley has been a fierce proponent of college affordability.
Becoming debt free is a journey that may seem difficult at times. But -- with some hard work and diligence -- it is possible to come out on the other side.
The team here sat down with Ashish to discuss his choice to pursue a master's degree and his plan of attack for paying off his student debt.
If you are a teacher or studying to be a teacher, you might be concerned about paying back your student loans. Even for the most frugal planners, student loan debt is a reality that many students and graduates face today.
"Student loans": no two words any student or parent wants to think about. The mention of the phrase "student loans," or worse, "student loan debt," is enough to make anyone cringe in utter disgust and confusion.
"The Affordable College Compact" calls for state and federal partnership in higher education with the goals of substantially increasing public investment in higher education and reducing student debt.