Tag Archives: student loans

student loan

Wells Fargo to Provide Student Loan Modifications

Some private student loan borrowers will get relief

Eligible borrowers will be reviewed and approved on a case-by-case basis.

By Sheiresa Ngo

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MONEY

Study: Student Debt and the Class of 2013

Students are attempting to dig themselves out of debt.

The Project on Student Debt at the Institute for College Access & Success (TICAS) released…

By Sheiresa Ngo

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student loan

Infographic: What You Could Buy with the Nation’s Student Loan Debt

What could you purchase with $1 trillion?

According to the Consumer Financial Protection Bureau, total student loan debt is more than $1.2…

By Sheiresa Ngo

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student loan debt

Education Department Announces Plans to Strengthen PLUS Loan Program

Federal government works to help more families qualify for college loans

The Department of Education announces plans to update its PLUS loan regulations in order to…

By Courtney Connley

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student loan debt

Report: Private Student Loan Borrowers Driven into Default

New report shows borrowers struggle to get help

Some borrowers say they don’t receive enough information or assistance from lenders and servicers when…

By Sheiresa Ngo

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MONEY

Infographic: Are You Taking on Too Much Student Loan Debt?

Don't dig yourself into a debt hole

Student loan debt is at an all-time high. In fact, nearly 11% of all student…

By Sheiresa Ngo

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student loan

10 Worst States for Student Loan Debt

Is your state one of them?

Personal finance website Wallet Hub recently conducted a study highlighting the best and worst states…

By Sheiresa Ngo

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Image: UChicago.edu

University of Chicago Launches New Initiative to End Student Loans

Initiative will provide further support for low-income students

University of Chicago launches new initiative to end student loans and offer financial support for…

By Courtney Connley

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Image: Thinkstock

Student Loan Defaults Decline, Yet Number Remains High

For-profit schools account for the majority of defaults

Among all colleges, about 13.7% defaulted within three years of entering repayment.

By Sheiresa Ngo

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piggy bank college fund

Older Americans Saddled with Student Loan Debt

Student loans are starting to linger into borrowers' golden years

Student loan debt has an impact on a much larger group of people than might…

By Sheiresa Ngo

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TD Bank offers Franchise Financing Options for Veterans

Back-to-School: CFPB Works to Protect Student Veterans

The organization aims to shield veterans from abusive and deceptive recruiting practices by schools

The Consumer Financial Protection Bureau is looking to help veterans looking to go back to…

By Sheiresa Ngo

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Infographic: Tips for Managing Your Student Loan

Here's what to do before contacting the ombudsman

Here are a few helpful tips for managing your student loans.

By Sheiresa Ngo

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student loan debt

Department of Education to Ease Restrictions on Student Loans

New loan restrictions expected to go into effect fall 2015

The Department of Education is making plans to reduce college loan approval restrictions for parents…

By Courtney Connley

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student loan

Infographic: Federal Versus Private Student Loans

Choose your loan type carefully

This infographic outlines the difference between Federal and private student loans.

By Sheiresa Ngo

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(Image: Thinkstock)

Summer Heat: Federal Student Loan Interest Rates Will Rise in July

Some borrowers will pay more, but there is a silver lining

Institute for College Access and Success’ (TICAS) Project on Student Debt has chart to help…

By Sheiresa Ngo

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student loan

Student Loan Relief: Bill Could Allow Bankruptcy Discharge

Borrowers might get some relief with proposed legislation

New bill calls for reducing student costs and makes it mandatory for colleges to make…

By Sheiresa Ngo

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Graduates-african-american-college

10 States with Most Student Loan Debt

Georgia, Maryland and D.C. top the list

Check out the top states that have the most federal student loan debt.

By Sheiresa Ngo

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President Obama Proposes Expansion of Student Loan Debt Forgiveness Program

Executive order would relieve burden for some borrowers

Do hefty student loan payments have you tightening your belt until the buckle is about…

By Sheiresa Ngo

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(Image: Thinkstock)

Weighing Your Student Loan Repayment Options

(Image: Thinkstock)
Graduation season is upon us. And that most likely means a student loan…

By Sheiresa Ngo

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student loan

Sallie Mae and Navient to Pay $97 Million for Student Loan Violations

Government says 60,000 service members affected

The Departments of Education and Justice, and the Federal Deposit Insurance Corporation are cracking down…

By Sheiresa Ngo

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Changes to Student Loans Might Be Coming Your Way

Proposed White House budget makes room for programs like "Pay as You Earn"

In March, President Obama revealed his proposed budget for next year, with a portion reserved…

By Sheiresa Ngo

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Capitol Hill

5 Most Pressing National Issues For 2014

Will Congress come together to move beyond its “do nothing” label to pass key legislation this term

What’s the most pressing issue in your opinion?

By Carolyn M. Brown

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(Image: Thinkstock)

Loophole Permits Loans at Non-U.S. Accredited Schools

U.S. taxpayers held responsible for loans made overseas

Why are we responsible for this?

By Sheiresa Ngo

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capitol_hill

Bipartisan House Vote Approves Student Loan Bill

Key provision fosters optimism

House approves student loan bill. Is it a sign of momentum?

By Darren Sands

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Obama Returns Portion of Pay to Show Solidarity with Workers

Obama Urges Congress on Student Loan Deadline

Interest on government-subsidized student loans could see a dramatic increase

President Obama on Friday urged Congress to pass a new student loan bill that would…

By Darren Sands

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black college graduate

Student Loan Crisis Heating up Amid Graduation Season, House Vote

Students don't analyze options, experts say

Analysts say many students are misinformed or uneducated about the options available to them, such…

By Darren Sands

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student loan

13 States Where Students Are Drowning in Student Loan Debt

Sen. Elizabeth Warren has called on Congress to lower the interest rate on education debt

In 13 states, student loan delinquency rates soar

By Makkada B. Selah

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Bass

Rep. Karen Bass: “Time To Get Serious on Student Loan Debt”

Says time is now to tackle debt issue for millions of Americans

Rep. Karen Bass (D-Calif) is taking the lead on student loan reform in the House…

By Darren Sands

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Money

Fed Sets Fair Student Loan Repayment Terms, Conditions

Borrowers finding relief from new government regulations

New regulations are supposed to make loan repayment more manageable for borrowers

By Ashley R. Harris

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student loan

Income-Based Student Loan Repayment Complicated, Overlooked

Confusion could be root cause of non-payment in many cases

According to the New York Federal Reserve, nearly 5 million people are behind on payments.…

By Ashley R. Harris

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Advocacy Releases Annual Small Business Lending Report

Ask the Money Coach: How to Improve Your Finances in 2012

What money questions you should ask yourself as you head into 2012

The Money Coach Lynnette Khalfani-Cox tells you what money questions you need to ask as…

By Lynnette Khalfani-Cox

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Ask the Money Coach: 7 Ways to Survive Your Child’s College Costs

The Money Coach tells you the right way and the wrong way to help your child avoid student loan debt

Parents want to help their children avoid the plague of student loan debt from college…

By Lynnette Khalfani-Cox

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college debt

3 Huge Problems with Student Loan Debt

And how to fix them...

The Loop 21 offers solutions on how to solve the college debt problem

By BlackEnterprise.com

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(Image: Thinkstock)

Your Cheat Sheet: A Quick Guide to Student Loans for College

Student loans may be your only option for college. Here are tips for understanding (and repaying) your college loans

Taking out a student loan may be the only way to make college affordable. But…

By Lynnette Khalfani-Cox

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The Truth About Bankruptcy: Why All Your Debts WON’T Go Away

What you need to know before you file

While it’s true that Chapter 7 bankruptcy can wipe out many consumer debts, such as…

By Lynnette Khalfani-Cox

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Financial Advice for 2011 College Graduates (Beyond ‘Get a Job!’)

Strategies to help students do the right thing after getting that diploma

Our Money columnist Lynnette Khalfani-Cox offers tips to help college grads do the right (and…

By Lynnette Khalfani-Cox

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teen_on_computer

10 Twitter Accounts That Can Prep You For College

From SAT prep to financial assistance, follow these 10 Twitter handles

From SAT prep to financial assistance, follow these 10 Twitter handles

By Janel Martinez

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5 Ways to Avoid Major Student Loan Debt

A financial expert provides tips for handling the dreaded student loan

Preparing for college means planning ahead. Financial expert Curtis Johnson provides parents and students with…

By Janel Martinez

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02WFL-HAMPSHIRE

Volunteer Your Way Out of Student Debt

SponsorChange.org rewards volunteer service with student loan payments

In April 2009, Raymar and Robert Hampshire started SponsorChange.org, a Pittsburgh-based philanthropic organization that helps…

By Glenn Townes

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debt2

Opinion: Student Loans Should NOT Be Discharged in Bankruptcy

Students in financial trouble do deserve a break. But bankruptcy is not the answer

The last thing a young person needs on their credit report coming out of college…

By Alfred Edmond, Jr.

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graduationeducation

Opinion: All Student Loans Should Be Discharged in Bankruptcy

Students in financial trouble deserve a break.

For many of you, student loans were a necessary evil that have remained a thorn…

By Sheiresa Ngo

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10WFL-Mitchell1a

Attacking Student Loan Debt

Bryan Mitchell pledges to eliminate his $120,000 college debt

Mitchell’s debt is a combination of money he used for UNH’s tuition and fees,…

By Carolyn M. Brown

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Economista: Why Micro-lenders Will Replace Sallie Mae

Social lending becomes an alternative to private student loan giants

There seems to be a new trend taking root when it comes to college financing.…

By Renita Burns

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Economista: Micro-loans for College Students?

How social loans are becoming a viable source for student borrowers

Companies have been springing up offering a micro lending model to student loans which aims…

By Renita Burns

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Dealing With Debt: More Ways to Finance Your Education

Everything you need to know to tame your debt and keep it under control

More options for managing student loan debt.

By Renita Burns

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Economista: How to Pay for Grad School

A money guide for 20-somethings

While some students are fortunate enough to attend grad school for free through various programs,…

By Renita Burns

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Economista: Alternative Ways to Pay For College

Can�t get enough scholarship money and balking at students loans? Look no further.

Even after exhausting all the well-known avenues to help pay for college – scholarships, grants,…

By Renita Burns

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06WFL-Malcolm-Johnson

Rewriting the Financial Playbook

Pro athlete turned corporate executive Malcolm Johnson is on his game in helping his family prosper

Malcolm Johnson has had a good handle on his money since retiring seven years ago…

By Carolyn M. Brown

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Overview: The White House’s Financial Reform Plan

Enforcing common-sense rules for consumers, investors

The White House issued a fact sheet on how the president’s financial reform plan will…

By BlackEnterprise.com

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A Life Raft for Student Loan Borrowers

Task force recommendation could lessen repayment load

If you’re experiencing financial difficulty, student loan payments can feel like a weight on your…

By Sheiresa Ngo

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Ask Your Advocate: Can Unemployment Lead to Bankruptcy?

I’ve been unemployed for the last six months, and I’ve spent most of my emergency…

By Sheiresa Ngo

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Relief for Student Loan Borrowers

Income-Based Repayment plan reduces monthly minimum payments

College graduates facing mounting student loan debt may find relief in the new Income-Based Repayment…

By Renita Burns

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Uh-Oh, I Can’t Repay My Student Loans

Four tips for grads struggling to avoid the perils of default

The parties are over, Thirsty Thursdays are a mere memory, and early morning wake-up calls…

By Renita Burns

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