Monthly Archives: April 2013

Collection Agents Receive a Commission on Defaulted Student Loans

Jason Gallaher from the Northridge Daily in CA reports on April 3, 2013 this interesting article on commissions and collections of defaulted loans. Private collection agencies and the U.S. Department of Education remain unclear about the specifics on their new … Continue reading

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The Real Student Loan Numbers

Heidi Moore from the Guardian in the UK summarizes some U.S. student loan numbers, she states … Some essential facts and figures on the state of student loan debt in America that everyone should know The average student loan debt … Continue reading

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Ohio State Student Loan Default Rate Discussion

The Lantern reports via John Wernecke Ohio State students have a lower rate of loan default compared to students at other nationwide universities. OSU President E. Gordon Gee said a lower than average number of OSU students default on their … Continue reading

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The Real Reason Sallie Mae Student Loan Payments Are Headed Downward

From New York, Brian O’Connell, with "THE STREET" writes… …Last week we looked at Sallie Mae‘s stance on how students and parents should work together on financing a college education. Now the college financing mainstay has a new loan repayment … Continue reading

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Delinquent Student Loans Increase for Younger Borrowers

Robert L. Ehrlich Jr. writes in the Baltimore Sun states.. The Federal Reserve Bank of New York with a daunting report on the grand experiment: A startling 35 percent of student loan-borrowers under 30 years of age were 90 days … Continue reading

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