Currently Browsing:Private Student Loan

For-Profit Colleges Account for a Third of All Federal Student Loan Defaults Even though they account for just 26% of all federal loans. Over one-third of federal student loan defaults can be attributed to students at for-profit schools. Students at for-profit colleges accounted for 35% of defaults during the three year period starting in 2013—down

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Michael Hulshof left the University of La Verne in 2012 with his law degree and $145,000 in student debt. Today, that figure is about $220,000 and, by the time he’s 55, he figures it will be around $400,000. That’s when his real problems could begin. Hulshof, a 33-year-old attorney in Antioch, California, entered into a

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As student loan debt plays a growing role in the gap between America’s haves and have-nots, new research suggests that imbalance could make it even harder for young minorities to climb the income ladder. That black college students bear a greater student loan debt burden than their white peers is no surprise, but a new

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Millennials Looking for Student Loan Reimbursement From Employers CAREERS POSTED BY TERRI WILLIAMS ON MARCH 11, 2016 AT 5:05 PM While installing a climbing wall, relaxing the company’s dress code, or serving organic food may make one company sound cooler than the competitors, it turns out that millennials would prefer to receive help with the

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Forty million Americans have student debt. Together, they owe more than a trillion dollars — an amount that has doubled since the great recession. Americans now have more student loan debt than debt from credit cards, car loans, and home equity lines of credit. country, interests rates as high as 11, 12 and 13 percent.<br/><br/>We

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Only 8% of the $1.3 trillion in outstanding student loan debt is owned by banks and financial firms. But those loans can give borrowers big headaches. Private student loans don’t have the same benefits as federal loans, like multiple student loan repayment plans or loan forgiveness options if you work in public service. That has

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  These maps show the Americans hit hardest by student-loan crunch Published: Feb 19, 2016 2:06 p.m. ET It’s a well-documented phenomenon that black and Latino borrowers struggle disproportionately with student debt, but new research indicates that student loans can be particularly crushing for middle-class borrowers of color. Student loan delinquency rates tend to be

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NASHVILLE, Tenn. – Student loan debt forgiveness is a hot topic these days and predatory companies are doing their best to cash in on it. These companies call, email and post ads on social media looking for distressed borrowers who will believe the too good to be true claims. Some companies promise thousands of dollars

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Refinancing debt to consolidate multiple loans into a single one is a standard of debt management. Sometimes it’s to get access to a more favorable interest rate. Sometimes it’s to reduce the monthly payment requirements by stretching them out of a longer repayment period. And in some cases, it’s just for the administrative ease and

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The nation’s student loan debt has expanded tremendously over the last decade. With more individuals attending college than ever, the demand for student loans has skyrocketed. For the class of 2015, the average amount of student loan debt is over $35,000 according to government data reviewed by Edvisors, a college planning website. As of March

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