Monthly Archives: May 2013

The unpaid student loans epidemic has now surpassed the $1 trillion marker. Based on that number only, home mortgages carry more consumer debt in the United States. In a new report from the Department of Education, the agency claims that … Continue reading →

The rate on subsidized Stafford loans — the federally sponsored loans available to students with need — jumps from 3.4% to 6.8% on July 1, barring a last-minute (and unlikely) save from Congress. Despite the headlines, there’s no reason to … Continue reading →

U.S. Education Department’s project net income to a record $51 billion, directly related to huge student debt levels at large interest rates. " The Huffington Post reported that the $1.1 trillion in outstanding student-loan debt had generated about $120 billion … Continue reading →

By Stacy Teicher Khadaroo | Christian Science Monitor The interest rates set for student loans expire July 1 – one year after Congress took action. Now, there’s a growing desire to come up with a longer-term plan. It’s déjà vu … Continue reading →

From Investors Business Daily, Jason Ma View Enlarged Image Young student loan borrowers have reduced other debt, but their student loan repayment rates have suffered. Jason Ma reports school-loan balance for 25-year-old borrowers jumped 55% from 2005 to 2012, their … Continue reading →

Lett’s say you borrow $5,500 in subsidized federal loans , and have a ten year repayment plan. So your monthly payment will be about nine dollars more with a 6.8% interest rate. That’s roughly $1,000 more in the total amount … Continue reading →

​Here is an interesting article by Washington Post on May 5 by their editorial board regarding an improved approach to student loans.​ STUDENT LOAN interest rates are going to increase by 100% in July. And,that may be a good thing. … Continue reading →

A recent article I read in the FortMillsTimes…… bottom line…Student loan bonds are getting risky bet for bond buyers. Read more… Solvency issues related to poorer student loan guarantor reserve ratios should be limited to a small number of guarantors … Continue reading →

Starting July 1, interest rates on sub Staff loans for college students are going to double from 3.4 to 6.8 percent. WOW! The increase will disproportionately affect students who are most in need.