There are many, many, students that are in great financial difficulty when it comes to the repayment of their student loans. They know that their being in default of these loans can lead to some serious repercussions, maybe even a SWAT Team at your door. Some have asked if they can end up having … Read more
While a lot of people don’t look forward to tax filing time, many students do in the hopes that they’re going to get a nice sized tax return. It can be a great disappointment if their tax refund is seized because their student loans are in default. This can happen if there has been no … Read more
Since the changes to the bankruptcy code in 2005, student loan debts have been largely ineligible for a discharge in bankruptcy. While there is some push to reinstate these laws, many are concerned about the message it would send. In compromise, a new bill is asking for the eligibility of only privately held loans to … Read more
It isn’t just the graduates that are suffering at the hands of a crippling student loan debt industry. New evidence indicates that the toll it is taking is quickly spreading beyond a personal crisis and one of, what could be, global proportions. Lending and Borrowing The problem with the student loan debt industry isn’t just … Read more
In order to help educate consumers and prevent more college hopefuls from falling into overwhelming student loan debt, an initiative as been gearing up to better prepare high school student and their families as to what to expect when dealing with student loans. Here are a few things you should know: Know the deadlines — … Read more
A young woman has decided to take her student loan debt by the horns and has come up with an innovative way to help her pursue her career passion. Where did she turn? The internet. Crowdfunding After racking up thousands to pursue a philosophy major at Christendom College, Mary Beth Baker is now making arrangements … Read more
In the height of the student loan debt crisis it is becoming more important than ever before to prepare our younger kids for the costs of their college futures. As with any aspect of finance teaching kids about money and debt at a young age can prevent them from becoming costly money managers. Here are … Read more
As if the rapid growth in the student loan debt industry wasn’t already wreaking havoc on the wallets of graduates, a new study suggests that the growth rate and loan balance is growing the fastest among graduate level degrees. The loan debt balance jumped by 70% for master’s degrees since 2004 alone. Higher Education, Higher … Read more
Today more graduates are leaving college with debt. Student loan debts are growing each year, along with the default rate. Too many graduates are finding the job market less than lucrative and the result is financial hardship over making student loan debt payments. However, it isn’t just graduates that are being affected by student loan … Read more
Did you know that there are new regulations that make it easier to get help with your student loan debts? If you are suffering financial hardship over the payment of your loans, or have already defaulted, you DO have options. Find out more about how you can get help in the short audio below: