As more Gen Zers come of age, they would be wise to learn from the mistakes of millennials and think twice before borrowing money to pay for school.
It's Complicated US Bankruptcy Judge Cecelia G. Morris shocked the nation when she ruled US Navy veteran Kevin Rosenberg's student loan debt could be discharged through bankruptcy.
Does this sound familiar? Ratings agencies colluding with issuers and bondholders to ensure that bonds that are almost certainly headed for default can maintain their investment-grade credit ratings and avoid rocking the boat of the US financial sys
A top official for the country's federal student-loan program has resigned and is endorsing canceling most of the country's outstanding student debt.
Even in New Hampshire, where the nation's highest percentage of young people graduate from college owing money, Elizabeth Warren and Bernie Sanders might have a hard time persuading voters of their plan to cancel all such debts and make public uni
Whatever the ultimate causes may be, the facts are clear that students, parents, and taxpayers have paid increasingly more for higher education, with dubious results.
So-called "help" from government leads to crisis, which leads to more calls for "help," and even bigger crisis! The student debt catastrophe is a picture-perfect example of this mentality in action.
So, you're a barista with a problem – you took out $200K student loans to get that master's degree from Gumbo State in "LGBTQ2#v& Experiences as Reflected in 17th Century Bolivian Folk Songs" and now you can't find an uncaffeinated career
During commencement exercises at Morehouse College, a historically black college or university (HBCU) located in Atlanta, billionaire Robert F. Smith announced that he was paying off all student debt for graduating seniors. According to the Atlanta J
The Massachusetts senator wants to spend $1.25 trillion on a plan to wipe out student loan debt and make public tuition free.
Using data from the Federal Reserve, Student Loan Hero -- an organization that provides "resources, tools and information" to help "student loan borrowers understand their student loans and make intelligent repayment decisions"
Shortly after we wrote about an online software engineering school that was allowing students to pay their tuition by forfeiting 17% of their income after they graduated, it's becoming clearer that the model of selling an "equity stake in yourself" t
Rep. Maxine Waters (D-CA) failed miserably when she tried to blame the student loan crisis on big banks–despite President Obama nationalizing student loan programs in 2010.
US student loan debt stands at $1.5 trillion and cannot be erased through bankruptcy.
Student loan debt has reached record level highs and its impacts are being felt throughout the entire economy. This crisis will be hard on those deeply indebted, but it is also a drag on the nation's economy as a whole.
Americans who took out loans to pay for a college education are defaulting on those debts at record levels. The country has never been as indebted with student loans as it is now, and the problem continues to spiral out of control.
"That's no excuse," she said. "I dropped the ball, and I defaulted." Originally, the loan servicer asked her to get back on a standard repayment plan - one where the payments would be far above what she could afford. "I told them I just
Thanks to the efforts of a Virginia church, dozens of graduating students are finishing their college education with zero debt or outstanding tuition.
Consumer advocacy groups are calling the student loan paycheck deductions "mandatory wage garnishment" and are throwing up red flags.
You asked....Ron Paul answered! Please enjoy another edition of #AskRonPaul!
When all the tribes of Israel still lived in their holy land, they practiced something called the Jubilee.
- Student Loan Bubble Is About To Pop
As politicians continue to point to a booming economy with a low unemployment rate, the real evidence that those surface numbers aren't reflecting reality are becoming more apparent. The student loan crisis in the United States is about to go from
...while the cost of a college education and student debt loads are soaring, wages are stagnant. So you're paying more and more for something that delivers stagnant value. It's the definition of a bad deal.
Higher education has become one of the biggest money-making scams in America. We tell all of our young people that if they want to have a bright future, they must go to college.
With the student loan crisis showing no signs of improvement, there's little to no light at the end of the tunnel for America's debt-ridden graduates.
It's that time of year, when students prepare to head back to the classroom.