Monthly Archives: August 2012

California Schools Stopping Student Loan Availability? ( Is this legal?)

A small but growing number of California community colleges have stopped participating in the federal loan program, cutting off these borrowing options for students out of fear that rising student loan default rates could lead to sanctions. Some 16 colleges … Continue reading

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Student Loan Debt Increasing, But Interest Rates Steady

Students are safe from an interest rate hike for federal student loans for another year. Congress will have to reconsider the possible interest hike again next year by the July first deadline but current rates will remain at 3.4 percent … Continue reading

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Interesting Article

Column: The student loan crisis that can’t be gotten rid of. You have probably mentally cataloged the student loan crisis alongside all the other looming trillion-dollar crises busy imperiling civilization but also enrich the already rich. (The views and opinions … Continue reading

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Will This Student Loan Repayment Program Save A Large Slice Of Rural America?

Last spring, Lee Waldron got a call from his mother-in-law, saying, "You’ve got to look into this Rural Opportunity Zone thing." At the time, Waldron was living in Reedley, CA, about 100 miles north of Bakersfield, with his wife Sara … Continue reading

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Why Many Students End Up Defaulting On Their Student Loan(s)?

In the survey by the National Consumer Law Center, researchers found that many people who are missing federal student-loan payments "have no idea they are in default and no idea what a default means," said Deanne Loonin, director of the … Continue reading

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Student-loan Defaults Prompt Call For Reform

If the federal government would stop relying on bill collectors to go after people defaulting on student loans and, instead, focus borrowers on getting on a path to pay over time, both the borrowers and the government might end up … Continue reading

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Five Step Student Loan Repyament Plan

Thinking about how you’re going to pay off your student loan debt can be quite intimidating. It has been proven by the National Association of Colleges and Employers that businesses today are now planning to hire more college graduates this … Continue reading

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