Currently Browsing:repayment of student loans

Ex-Students With ‘Income-Based’ Loan Payments Face Crushing Tax Bil

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 […]

Even Well-Off Black Students Carry More Loan Debt

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 […]

Student loan crisis

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 […]

Scam Alert: Con artists are targeting student loan holders through social media

Scam Alert: Con artists are targeting student loan holders through social media 2:07 PM. CST February 19, 2016 136 (Photo: WHAS) CONNECT TWEET LINKEDIN GOOGLE+ PINTEREST LOUISVILLE, Ky. (Press Release) — The Kentucky Association of Career Colleges & Schools (KACCS)  issued a scam alert on Friday, to warn the public of con artists that are […]

These maps show the Americans hit hardest by student-loan crunch

  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 […]

Why 2016 Will Be a Big Year For Student Loans

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 […]

The Same Front-Line Experts Who Were Among the First to Warn of the Rising Mortgage Crisis Now Point to Emerging “Student Loan Debt Bomb”;

SURVEY: 4 OUT 5 U.S. BANKRUPTCY ATTORNEYS REPORT MAJOR JUMP IN STUDENT LOAN DEBTORS SEEKING HELP, FEARS GROW OF NEXT MORTGAGE-STYLE DEBT THREAT TO U.S. The Same Front-Line Experts Who Were Among the First to Warn of the Rising Mortgage Crisis Now Point to Emerging “Student Loan Debt Bomb”; The New Face of Student Debt: Vietnam […]

Default and Repayment of Student Loans

Default and Repayment When it comes time to repay student loans, we all groan, but do what we can. The trouble in not repaying the loan is what occurs when the loan enters default status. The following information applies to federal student loans only. The collection of federal student loans is a unique kind of […]

Student Loan Basics

Student Loan Basics These days it is almost impossible for most students to attend college without some kind of financial aid. Most students who apply for aid receive student loans. There are two main sources for such loans; Private loans and Federal loans. Private loans are issued by private banks and are based on the […]