How Student Loan Default Can Gut Your Paycheck

There’s a dirty little secret of the student debt crisis. .....»»

Category: topSource: moneycentralFeb 11th, 2019

Prominent Republican wants to take student-loan payments out of your paycheck

Senator Lamar Alexander of Tennessee floated the proposal as part of a speech outlining reforms to the student-loan system......»»

Category: topSource: marketwatchFeb 8th, 2019

How military service impacts student loan repayment options

If you're a veteran with student debt, you have repayment rights unique to military service members that can keep you on track and out of default......»»

Category: topSource: foxnewsNov 9th, 2018

30% of student loan borrowers in default after just 6 years. Here's what students face

Americans will need to earn an advanced degree In order to compete in the economy. But without wage growth, student debt holders are b.....»»

Category: topSource: usatodaySep 1st, 2018

One Million Americans Default On Their Student Loans Each Year, Report Reveals

More than one million American student loan borrowers de.....»»

Category: blogSource: zerohedgeAug 21st, 2018

Student Loan Borrowers Defaults Increase

Student Loan Borrowers Defaults Increase New research shows more than 1-M student loan borrowers each year go into default and nearly 40% of borrowers are expected to def.....»»

Category: topSource: livetradingnewsAug 13th, 2018

Some Colleges Try to Burnish Student-Loan Default Rates

Some students are encouraged to seek “forbearance,” and thus aren’t considered in default. Even if they default later, it doesn’t count against a school in its default-rate calculation if it occurs outside a three-year window......»»

Category: smallbizSource: wsjApr 26th, 2018

Financial crisis? The 10 states where student loan debt is a big problem

The Urban Institute, a nonpartisan think tank, has come out with a map of student loan debt. Debt is higher in some states than others — and so is the amount in default.   &.....»»

Category: topSource: usatodayApr 18th, 2018

Tax refund got you excited? Don't count on it if your student loans are in default

The federal government seizes refunds for student loan borrowers whose debts are in default. Those refunds typically were funded through an anti-poverty program. .....»»

Category: topSource: usatodayApr 18th, 2018

I"m a lawyer in London and I spend $730 a month on my student loan payment — here"s where the rest of my money goes

This 29-year-old lawyer lives in London with her boyfriend. She makes $122,500 a year and pays $1,450 for her half of the rent.  $730 of her paycheck goes toward paying off her student loans — and she saves an additiona.....»»

Category: topSource: businessinsiderApr 9th, 2018

$166 Billion In Student Debt Is Now Officially Delinquent

According to the Federal Reserve Bank of New York's latest quarterly household debt report, student loan delinquencies surged last year, up to $166.4 billion in the fourth quarter. The report.....»»

Category: blogSource: zerohedgeFeb 17th, 2019

US student debt in ‘serious delinquency’ tops $166 billion

Student-loan delinquencies surged last year, hitting consecutive records of $166.3 billion in the third quarter and $166.4 billion in the fourth......»»

Category: topSource: moneycentralFeb 17th, 2019

Watchdog slams the Department of Education’s oversight of student-loan companies

The report highlights trends borrower advocates have complained about for years......»»

Category: topSource: marketwatchFeb 14th, 2019

Report finds problems with student loan servicing, oversight

A new government report has found that student loan servicers repeatedly failed to do their jobs properly over a period of years and their regulator neglected to hold them responsible......»»

Category: topSource: foxnewsFeb 14th, 2019

How NVIDIA Combats the Student Loan Crisis

The company reimburses student loans to help its employees focus on their work. It’s pretty hard to focus on inventing far-out artificial intelligence.....»»

Category: europeSource: fortuneFeb 14th, 2019

Auto-loan delinquencies are the highest since 2012

The percent of auto loans in serious default has risen to the highest level in almost seven years, as consumers with weak credit struggled to make payments despite a strong U.S. economy and tight labor market......»»

Category: topSource: moneycentralFeb 12th, 2019

Red flags emerge as Americans" debt load hits another record

Some red flags emerged for the U.S. economy late last year as credit card inquiries fell, student-loan delinquencies remained high and riskier borrowers drove home automobiles, according to a report that could signal a downturn is on the horizon......»»

Category: topSource: reutersFeb 12th, 2019

Your 2019 Guide to the Student Loan Interest Deduction

If you make student loan payments, here's what you need to know about the tax benefit you may be entitled to......»»

Category: topSource: foxnewsFeb 10th, 2019

The latest tool to combat the opioid epidemic — student-loan relief

A new program will provide up to $75,000 of student loan relief for health care providers working on substance use disorders......»»

Category: topSource: moneycentralFeb 9th, 2019

The latest tool to combat the opioid epidemic — student-loan relief

A new program will provide up to $75,000 of student loan relief for health care providers working on substance use disorders.....»»

Category: topSource: marketwatchFeb 8th, 2019

It "Haunts My Life": Americans Over-60 Owe $86 Billion In Student Loan Debt They Can"t Discharge In Bankruptcy

A generation of Americans over 60 years old owe $86 billion in student loan debt, according to a new write-up by the Wall Street Journal. This.....»»

Category: blogSource: zerohedgeFeb 6th, 2019