by Carol Thompson Thousands of people default on student loans each year when multiple high payments catch up to them. Subscribe in iTunes Thousands of others try the best to avoid default by entering into income-driven repayment plans. While it seems like the key to...
by C.J. McKinney The total student loan debt carried by US citizens now tops $1 trillion. More people owe money on student loans than populate 200 different countries in the world. The public face of all that indebtedness is a fresh faced millennial with a brand new...
by C.J. McKinney Since 1978, the cost of going to college has jumped by 1,120 percent – a blow to the pocketbook that beats out even increases in healthcare. With the average cost of a single year at a typical state university topping out at around $17,000, nearly...
by Carol Thompson A California federal judge on Monday refused to dismiss a proposed class action accusing a Sallie Mae Inc. contractor of surreptitiously recording phone calls with consumers as part of its student debt collection business, rejecting arguments that...
(Story by CJ McKinney) By the end of 2013, US Student loan debt totaled $1.08 trillion dollars. US Department of Education statistics reveal that about 40 million Americans are currently carrying some form of student debt. That’s more than the population of...