Monthly Archives: December 2013

With the average college student graduating with some $23,000 in debt, many could use a little — or a lot — of help. For those on the money hunt for college, The Princeton Review has come out with its Financial … Continue reading →

By Mandi WoodruffWith total student loan debt long past the $1 billion mark, activists are doing all they can to put as many faces on the crisis as possible.Their mission is simple: To convince Congress student loan debt should be … Continue reading →

With more than $1 trillion in student loans outstanding, many students and graduates are struggling under the weight of huge amounts of debt. But as a report from the Consumer Financial Protection Bureau reveals, one fairly small part of the … Continue reading →

For years now, private college tuition has risen significantly faster than inflation, a fact that colleges have used a fancy economics theory called Baumol’s Law to explain away. Unfortunately for the families who pay over $200,000 for the privilege of … Continue reading →

Consider:The credit crunch has a lot of people concerned that student loans will be difficult to come by. Companies including College Loan Corp., CIT Group Inc., NorthStar Education Finance Inc., HSBC Bank USA, M&T Bank and Zions Bancorp have recently … Continue reading →

Student loan debt in America is nearing $1 trillion, according to FinAid.org, and bankruptcy lawyers warn that it could become “the next debt bomb for the U.S. economy.” And unlike credit card debt, the sums owed for student loans cannot, … Continue reading →

When I was getting ready to finance my college education, (after hitting up my parents) I looked to Federal Pell grants and the beloved FAFSA (Free Application for Federal Student Aid). But things have changed, and in the age of … Continue reading →

Over at Washington Monthly, Stephen Burd takes an extended look at one of the biggest — and least reported on — financial crises facing young people: unethical for-profit college foisting massive debt loads on their students. These debt loads often … Continue reading →

It hasn’t gotten much press in the United States, but college students in the United Kingdom who rely on loans to pay their expenses are facing a serious problem: The Guardian reports that “Three-quarters of universities polled said they had … Continue reading →

By Mandi WoodruffDebt collectors have time and again proven to be ruthless in tracking down delinquent borrowers, so perhaps it was only a matter of time before social media became their go-to hunting grounds.In a report on the government’s attempt … Continue reading →