Monthly Archives: October 2016

Bankers Ease Rules on Private Loan Automatic Defaults

Private lenders are revising student loan contracts to ensure people are not placed in default when the co-signer of their loan dies or declares bankruptcy, putting an end to a practice brought to light by the Consumer Financial Protection Bureau. … Continue reading

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Navient Earnings Report

Navient Corporation’s NAVI third-quarter 2016 core earnings of 50 cents per share beat the Zacks Consensus Estimate of 47 cents. Also, the figure improved 6.4% year over year. The third-quarter results of Navient were aided by lower provision for credit … Continue reading

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What Does the Average Graduate Owe

So just how much does the average American owe post-college? Here are some key statistics on student debt, courtesy of Student Loan Hero: The average Class of 2016 graduate racked up just over $37,000 in student debt, up 6% from … Continue reading

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