Category Archives: Uncategorized

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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Does Bernie Sanders Understand the Student Loan Program

Bernie Sanders, stated the other day “In my view, if you can refinance your home today for 2, 3 percent, why the hell are we paying 8 or 10 percent interest rates on student debt?” First of all mortgage rates … Continue reading

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Your Uncle Sam Is Largest Holder of Student Loan Debt. But Not Always

A recent article on student loan debt suggests that Uncle Sam has not always been the largest holder of student loan debt. According to Courtney Miller, NerdWallet in a USA Today December 21, 2015 article. Here is an exact copy … Continue reading

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Student Debt Perspective

Another Look at Student Debt Special Commentary by Wells Fargo Securities Dec. 17: Fears that student-loan debt has crippled the finances of young households have intensified since the Great Recession. The rapid increase in educational debt, estimated at $1.2 trillion, … Continue reading

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High Debt = Low Default?

Borrowers with low post completion debt after they complete their education often have a higher rate of delinquency and default than borrowers with higher loan amounts and the trend is occurring across geographic areas in the U.S., according to new … Continue reading

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