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Month: July 2016

School Loans Weren’t Just a Choice; They Were a Necessity

Mary in Pennsylvania has a new and crucial perspective to share: This is in response to the recent reader note “Taking on Student Loan Debt Is a CHOICE.” Guess what? Like Kirsten, I’m tired of hearing about...
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Can Hillary Clinton’s Proposed Student Loan Refinancing Plan Solve The Loan Crisis?

Student loan debt is fast becoming the next financial crisis in the United States and will likely receive some attention at the Democratic National Convention that kicks off in Philadelphia this week. There are over 43 million...
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Student loan grace period is not always what it seems to be

After walking across the commencement stage, student-loan borrowers typically receive a little break from their lenders. Most student loans come with a six-month grace period that gives borrowers time to get on their feet before they have...
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4 Key Facts Every Student Loan Borrower Needs to Know About Clinton’s New Plan

Last week, Hillary Clinton announced a plan to provide financial help to entrepreneurs with student loans. While her intentions were good, many were left wondering: what about the tens of millions of student loan borrowers who aren’t...
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A better way to finance that college degree

If you thought mortgage-underwriting standards were lax right before the housing crisis, wait until you take a closer look at student loans. Borrowing for a house at least requires an appraisal of the property and an assessment...
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Here’s how to reduce your student loan debt — while still in college

Anxiety about debt is the top worry of college students as well as for parents preparing to send a kid off to college. But guess what? The average that families spent on college actually went down last...
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Defrauded Student Loan Borrowers May Soon Have Discharge Options

The Department of Education has released a draft rule to help defrauded borrowers seeking student loan relief. In 2015, the Corinthian College conglomerate collapsed after federal officials found that the school had fraudulently inflated its job placement...
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Donald Trump vs Hillary Clinton on Student Loans

Student Debt Relief’s commentary on where the candidates student loans and the student loan crisis: Hillary Clinton: As you can see, as of now, Hillary has a much more thought out plan for how to attack the...
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Clinton Makes Student Loan Forgiveness Pitch to Entrepreneurs

Under a Clinton administration, entreprenuers would be able to defer student loans and qualify for loan forgiveness. Entrepreneurs would be able to defer their student loans and potentially qualify for loan forgiveness under a new pitch laid...
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Interest rates on new federal student loans dip

Students about to hit college campuses are getting good news — the interest rate on new federal student loans just dropped, although that is tempered by the fact that every Michigan public university just increased tuition rates...
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