More than 70 percent of undergraduate college students take out student loans to help with college costs. The U.S. Department of Education offers several different repayment plans to ease the burden of loan payments for new graduates as they work to establish their careers.
Workers in their 40s and 50s don’t have a lot of time left to secure their financial future, and there are several common mistakes that often threaten their dreams.
As the costs of higher education continue to skyrocket across the nation, the student loan debt bubble is reaching unprecedented heights as more and more young adults are not able to repay the loans.
The bills are stacking up faster than 15-month-old Noah can stack his favorite cups. “I’m $90,000 in debt from student loans,” says his mom, Kaitlin Smith. That enormous bill impacts nearly every decision the young couple makes.
Politicians of both parties talk about the importance of higher education, but Monday the intransigence of both parties made it even more difficult and expensive for some students to get a degree.
Thanks to the ongoing obstructionism from both political parties in Washington, DC, students taking out loans for the upcoming school year will be hit with nearly double the interest rates students were given last year.
In-state tuition costs are double what they were just ten years ago, yet many of the Sunshine State’s public universities remain a good value, according to the latest annual “Best Values in Public Colleges” list compiled by Kiplinger’s Personal Finance.
At the beginning of July, several changes to federal student loan programs took effect. We take a look at how they affect undergraduate and graduate students and their wallets.
With a couple of simple fixes from Congress, billions of dollars could be put into the economy by allowing middle class families to refinance their mortgages and by keeping student loans at market rates. Maybe […]
Millions of students like the University of Miami’s Joseph LeDonne could graduate with even more debt if Congress allows the interest rate on federal student loans to double on July 1st.