While the university is rewarding, it certainly doesn’t come cheap. Almost immediately after the graduation ceremony, you’ll have to face the consequences of your student loan debt. It’s easy enough to say, “I can’t afford to pay more than the minimum payment on my student loans each month.” But have you ever actually stopped to […]
As expected, most people head onto a four-year university and apply for student loans. The average of $35,000 takes quite a while to pay off. During this time, many people will rack up other debts too. All of this is very common. You most likely have a debt of your own. And so does your […]
Wells Fargo was accused of charging illegal late fees to student loan borrowers and has been ordered by the CFPB to pay a settlement of $4.1 million. Wells Fargo’s student loan settlement Wells Fargo has faced accusations that they have charged student loan borrower’s illegal late fees, a charge which the bank has yet to […]
Student loans have sky-rocketed in recent years. According to CNBC, around 90% of private student loans are co-signed by a parent, or somebody that has a close relation with the student. If you have been asked to be a co-signer on a student loan, then you probably have a few questions spinning about in your […]
Student debt is the topic on everyone’s tongues this past year. As a record-setting student loan year, the subject has been debated by politicians, economists, and educators alike. One thing is undeniable: student loan debt is growing every year at an extraordinary rate. As evidenced by the chart shown below from the Wall Street Journal, 2015 was […]
It is well-known by now that the American university system gives students an incredibly high debt burden upon graduation. Unfortunately, as tuition and cost of living rises, but young people’s income stagnates, students are graduating with more and more debt each year. In 2012, students who graduated and had taken out loans owed $25,000 on average! […]
