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Month: June 2016

4 steps to paying off $100,000 in student loans

She’s so, so close to being debt free. Jessica Elberfeld, 29, has paid down more than $100,000 of her student loans since she graduated college seven years ago and she’ll be completely done paying them off by...
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How Millennials With Student Loan Debt Can Still Afford To Be Homeowners

Although the burden of repaying student loan debt can delay life goals like buying a home, pursuing a higher degree, or starting a business, it’s possible that the impact of student loan debt on homeownership been overstated....
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The latest hot agency benefit: Assistance in paying down student loans

When Tom Taylor graduated from college in 2010, he had an outstanding student debt of $70,000 and no full-time job. Today, Taylor is the associate director of social media at Boston agency Connelly Partners, but he’s still...
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Loans to students defrauded by for-profit colleges may be forgiven

Education Secretary John B. King Jr. on Monday announced new proposals aimed to protect student borrowers who are victims of fraud in the for-profit college sector. King, in an afternoon news conference, said the proposal would “clarify,...
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New federal rules to overhaul student loan forgiveness

Department of Education for broad rules that give students unlimited time to file claims and unrestricted debt relief. Yet agreeing to those terms could ulti mately mean the loss of billions of dollars in taxpayer money. As...
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Companies Answer the Call on Student Debt

White House Student Debt Challenge gets help enrolling borrowers in repayment plans As millions of borrowers struggle to stay current on their federal student loans, more private partners are stepping up to help. More than 40 companies,...
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College Loan Glut Worries Policy Makers

Massive investment in improving skills turns sour, echoes of housing crisis The U.S. government over the last 15 years made a trillion-dollar investment to improve the nation’s workforce, productivity and economy. A big portion of that investment...
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8 Facts About Direct Student Loan Consolidation

Consolidating federal student loans can be a savvy way to manage payments, but comes with a couple caveats. While the federal program allows students loan borrowers to consolidate their loans for streamlined payments, it comes with benefits...
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3 On Your Side: Erasing College Loan Debt With Public Service Loan Forgiveness Program

The numbers are staggering, seven out ten college graduates have outstanding college loans and up to 25 percent of borrowers are behind in their payments!  In today’s 3 On Your Side report we take a look at...
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4 States That Offer Generous Student Loan Forgiveness Programs

Health care professionals in California may be eligible for up to $50,000 a year in loan forgiveness. One of the Student Loan Ranger’s all-time favorite television series was the quirky ’90s show “Northern Exposure.” The premise was...
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