Rising Student Loans a Concern, but Proposed Legislation May Ease Debt for Some
A recent Pew Research article shows that student loans are increasing. According to the analysis, the number of households in the U.S. with the head…
A recent Pew Research article shows that student loans are increasing. According to the analysis, the number of households in the U.S. with the head…
With college costs rising, establishing a new benchmark for student loans can be a benefit to students. The Obama administration recently unveiled a pro…
The Department of Education has announced the release of two new tools on its StudentLoans.gov website to help guide college students in the loan application and payment process. The Complete …
In his budget request for fiscal year 2014, President Barack Obama is proposing a more market-based approach to subsidized federal student loan interest rates. If the president’s proposal is enacted, …
Student loan debt is almost impossible to escape, as many borrowers know all too well. In response to the current problem of borrowers buried under heavy payments and high interest rates, Congressman Tom Petri (R-Wisconsin) recently introduced the Earnings Contingent Education Loans (ExCEL) Act of 2012.
Petri contends that his bill protects borrowers against payments they cannot afford while also ensuring that taxpayers don’t have to subsidize defaulted loans or the cost of loan collection.