Currently Browsing:student loan debt Crisis

Makenzie Vasquez, of Santa Cruz, Calif., poses for a picture in Washington, Monday, March 30, 2015. Former and current college students calling themselves the “Corinthian 100” say they are on a debt strike and refuse to pay back their student loans. Manuel Balce Ceneta / AP Students at the abruptly shuttered Corinthian Colleges campuses have

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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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Because of the huge number of people in distress over student loans hundreds of so called Student Loan Assistance programs have opened. While some may no good work most  are simply companies that do poor work , tell lies and use high pressure sales tactics.  6 lies you’ll hear from the student loan assistance companies:

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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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  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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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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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

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Student loan debt: America’s next big crisis Mitchell D. Weiss, Credit.com8:48 a.m. EDT August 23, 2015 (Photo: Thinkstock) 1481CONNECT 207TWEET 245LINKEDIN 107COMMENTEMAILMORE The Federal Reserve Bank of New York released its latest Report on Household Debt and Credit Developments, and the news isn’t good for student-borrowers. As of the second calendar quarter ending June 30,

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