Best and Worse Debt To have: Student Loan Debt We all know that Student Loans represent one of the main ways in which students pay for their higher education. It has become a fact of life in the American higher education system, but sadly the majority of the student loan borrowers do not really understand […]
Repayment Plans Could Cost Student Loan Borrowers More Repayment plans such as the Income-Driven program help alleviate the pressure for struggling borrowers trying to pay back their student loan debt. But several policy experts affirm that the federal program offering these plans is not really as effective as it could be, and could actually end […]
Sallie Mae Overcharged Active-duty Soldiers on Student Loans Investigators recently found strong evidence that Sallie Mae overcharged active-duty soldiers on student loans, according to insiders with probes into the student loan company. The Huffington Post reported that these revelations could potentially threaten Sallie Mae’s lucrative contract with the Department of Education. “The allegation also may […]
Student Loan Forgiveness Program for Nonprofit Workers Are you currently employed by a nonprofit organization? Then you may qualify for student loan forgiveness! We know that employee recruitment and retention is a barrier that many nonprofit organizations face, and student loan forgiveness could potentially attract a younger, talented workforce, and keep them from leaving the […]
U.S. Education Department Profits from Student Loan Debt The Department of Education is turning in a large profit and forecasts making around $127 billion from federal student loan borrowers over the next 10 years. The Education Department reported the predicted huge profits with the Congressional Budget Office, said the Huffington Post. Moreover, the rates of […]
5 Student Loan Myths Are you overwhelmed by your high student loan payments? Do you constantly worry about being able to afford your monthly payments? Are you angry and frustrated about the fact that your student loan payments are too high and yet your salary is way too low? Well, you are not alone. You […]
