Monthly Archives: June 2014

A 52-year-old single mom needs to save for retirement, but her cash flow is strangled by rising student loan payments for herself and her sons. How can she minimize her loan payments and free up cash for retirement savings? DailyFinance’s … Continue reading →

With economic stimulus money flowing around like a peace pipe at Woodstock, everyone has their ideas about how to stimulate the economy. One proposal gathering a following on Facebook is “Cancel Student Loan Debt to Stimulate the Economy. The group … Continue reading →

President Obama’s new 2012 budget will seek to cut $100 billion in Pell Grant funding — a plan that spells yet another blow to free federal aid for America’s most financially needy college students.It’s all part of a $3.73 trillion … Continue reading →

Tacked on to the health care reform bill at the last minute was a bill to overhaul the student loan program and eliminate a $60 billion program for support of private student loans. If the reconciliation bill is passed by … Continue reading →

By MARTIN CRUTSINGERWASHINGTON (AP) – U.S. consumers borrowed more in November to buy cars and attend school, but stayed cautious with their credit cards.The Federal Reserve said Tuesday that consumers increased their borrowing in November by $16 billion from October … Continue reading →

With student lending volume growing at an unprecedented clip, many families are taking some comfort in the numerous repayment assistance programs that can come as a perk with some jobs — most of which require government work.But today’s Wall Street … Continue reading →

If you’re anything like me, you have some trepidation that the New Year will swoop in and you’ll miss some big financial deadline that will end up costing you a bundle. Thankfully there’s Kiplinger’s Save the Date guide to financial … Continue reading →

College enrollment overall is on the rise, but recession-weary and debt-wary students are being choosier when it comes to selecting academic institutions. But so too, are colleges becoming more selective about admitting students, increasingly putting an emphasis on those they … Continue reading →

A college freshman. A group of prison inmates. An elderly grandmother. They all have very different backgrounds. But they also share a common characteristic: Each was the victim of identity theft in which someone used their social security numbers to … Continue reading →

Sallie Mae (officially called SLM Corp) announced Thursday that it would begin offering fewer students loans and would be more selective in the loans it would give. The company offer both government-backed loans and private loans. The company says the … Continue reading →