student loans_2474

post-thumb

Heard about the Brookings Institute report on student loan repayment? Here’s why you should be careful with some of its conclusions.

Which data source or data sources upon which your rely to make your argument is incredibly important to the validity of tha conclusion. Failing to properly account for why the Federal Reserve data is a shaky source for student loan repayment success significantly undercuts the argument recenly put forth authors at the Brookings Institute that student loan debt rhetoric and the facts don't match up.
post-thumb

Income-based student loan repayment caps to be applied retroactively

  "10" by Michael Randall (flickr user pigpogm, cc license) On Monday, President Obama signed an executive order that should grant relief to millions of federal student loan borrowers.
post-thumb

Co-signed private loans and risks of surprise deafult

  "Loans" by flickr user Jeff Ferzoco (cc license) As many families know, private student loans often require a co-signer. This is, in part, because most college students lack enough signifiant credit history and income to establish the creditworthiness in the amount of a student loan. However, a recent study reveals a new risk with private student loan co-sigining.
post-thumb

Considering a career public service? You might eventually be eligible for loan forgiveness

The Federal Student Aid office in the Department of Education recently updated their materials on loan forgiveness for public service employees (known as the Public Service Loan Forgiveness Program). In fact, you may have received their new version of the Dear Borrower letter about the program. While this can be a lengthy process, it can provide a lifeline to students who incurred a large amount of debt for school, but have chosen to pursue a career path that’s beneficial to society at large.

You May Also Like

post-thumb

Report: Highlights the importance of College Completion to Young Adult Financial Health

A college degree is a powerful asset," said Jack Remondi, President & CEO of Navient, in a statement. "But, borrowing for college and not graduating, has lasting negative consequences.
post-thumb

Plan Your School Visit and Other Trips While Keeping in Mind Best and Worst Days to Travel

Whether you're planning a campus visit or arranging your student's international travel for break, it's important to keep in mind how the time of year could affect your plans. There are, of course, non-negotiable travel dates, such as the beginning and end of a semester, or holiday weekends. However, when possible, you should aim to plan around the most and least popular travel times of the year to reduce your costs and stress.
post-thumb

5 Tips for Attending Family College Orientation

Whether your child is in the 7th grade or about to graduate from high school, you are probably wondering about many issues related to his or her transition to college.Many of your questions may be broad and child-centric: is my child academically prepared for the rigors of college? Will he or she have an adequate support system? How hard will it be for him or her to develop friendships?
post-thumb

Fidelity’s College Savings Indicator, 2013

   How well are you and your family saving for your student's college education? The average family, according to a recent Fidelity Investments survey, is on track to meet only 34% of their college savings goals. That's certainly not where many families would prefer to be, especially given that sixty-one percent of parents report they have a financial plan in place to help them reach their college savings goals.