Debtors with high interest rates on their federal student loans would refinance into cheaper loans under proposed legislation to be unveiled this week...
Huffington Post Reader Question
Dear Steve,
I borrowed about 130,000 for my education.. :( I don't know why it was so much, but I did study aboard, ...
University endowments and teachersā pension funds are among big investors in Sallie Mae, the private lender that has been generating enormous profit...
Households struggling under the weight of student debt burdens moved one step closer to a lifeline Wednesday, after the federal consumer regulator sug...
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"Dear Steve,
I have student loans with Sallie Mae and was notified of a Class Action suit against them because of excessive cell phone call...
We Americans want everything: Empire without consequences. Food without fat. School without debt. Class without style. We need to wake up and think about consequences and grow a conscience, but in the meantime, I'm still working on my student loans.
Shareholder season is upon us, marking the beginning of another round of corporate America's dog-and-pony shows held to placate their cronies and pat each other on the back for another profitable year.
The private student loan industry smells a lot like the subprime mortgage industry: Dead ends, runarounds and few live customer service representative...
At a time when funding for education is being slashed at all levels, the lenders are flush with cash as our leaders stand idly by, refusing to do anything about this ever-growing problem.
I'm concerned for your well being as one of the "rich teams." I really mean it. It's just a simple scientific fact: people with too much wealth go crazy and lose their minds.
The goal: to wrest control of our democracy back from the robber barons and CEOs that systematically block any effort to create an economy and a body politic that serves the needs of the vast majority of Americans and not the elite few.
Among the couple hundred protesters who gathered in Union Square Wednesday then marched down Broadway, beating drums and holding signs, one wore a bla...
WASHINGTON -- On Tuesday, congressional Democrats announced plans to introduce legislation that would extend the current low interest rates on governm...
Most of us have fantasized about winning the lotto or creating the next Angry Birds or Pet Rock so we can dump a Louis Vuitton bag of cash on the lawn of Sallie Mae headquarters and pay off our student loans, then set sail on a yacht to celebrate.
This brand of nostalgia feels much more real than the fleeting daydream of recess, as if twenty-two year olds truly do want to crawl back into their TVs and live safely tucked inside their favorite 80s sitcoms forever.
The real debt in this nation is the one that bankers owe the rest of the country. And as long as our politicians are allowed to rescue banks while ignoring consumers, it's a debt that will continue to go unpaid. And it will continue to grow.