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Student loans & broke graduates

I’m amazed at news that around a third of graduates who took out student loans are still not paying them back. The payback threshold is £15,000. So there are around 400,000 graduates out there with loans, earning less than £15,000 a year. As I’ve said before, university isn’t just about the piece of paper at the [...]

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1 in 3 graduates not repaying student loans

400,000 students have not made repayments on their loans up to seven years after graduation

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Schumer asks feds to include student loans in bailout

Sen. Charles Schumer is calling on the federal government to protect college students and their families from the credit crunch by expanding the economic bailout to include student loans.

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Congress makes getting student loans easier

The economic crisis is sending more Nevada families and students searching for ways to cover their portion of college costs, but recent action by Congress will make it easier for them to borrow tuition money through 2010.

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Note on student loans

Bailout Bill, With Benefits for Student Lenders, Passes Congress Washington — The U.S. House of Representatives today passed the $700-billion financial-system bailout bill that was approved on Wednesday by the Senate. The plan would let the federal government ease credit markets by purchasing bank assets, involving primarily mortgages but also other types of assets, including student loans. Congress...

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Steps to take before turning to banks for student loans

Despite the troubles in the private student loan market, other sources of funds are available. You just have to know where to look. Here are some tips: * Assuming you have filled out the Free Application for Federal Student Aid form, also known as FAFSA, talk to your school's

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As student loans dry up, your college savings strategy is key

With the credit crunch crimping the student-loan market and financial-market upheaval crunching investments in college-savings plans, what’s a parent to do? That depends somewhat on when your child will need those college funds.

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SUSAN TOMPOR: Student loan rates to rise this month

College graduates and students with private student loans should prepare themselves to be shocked by higher interest rates. It's yet another example of a credit market that's been practically in lockdown.

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New America Foundation Report Exposes Erroneous and Misleading Information on Federal Student Loan Costs

New America Foundation Report Exposes Erroneous and Misleading Information on Federal Student Loan Costs Source: New America Foundation Today the New America Foundation’s Education Policy Program released “Cost Estimates for Federal Student Loans: The Market Cost Debate,” by the program’s Research Director Jason Delisle. This paper exposes misleading and erroneous information published by student loan...

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Friday inspiration: Getting current on student loans, paying down debt, and changing priorities

This is part of a series of interviews with people who are either working to improve their financial situation or who have already reached their goals. This week’s interview is with Jennifer, who had fallen behind on her financial commitments and was beset by late fees. She has since gotten current and is working on [...]

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Credit crunch leaves some Minnesota student loans in financial limbo

Click here for more KARE 11 News Extras More than leaves are falling on Minnesota campuses this Autumn. As the economy receives failing grades, school administrations are worried about cash flow

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Federal student loans weather financial crisis

The nation's financial meltdown has played out from Wall Street to the halls of Congress. But financial aid experts say the federal student loans that help pay tuition should remain safe through the 2009-10 school year.

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Vandy to replace need-based student loans with scholarships, grants

Vanderbilt University will replace all need-based student loans with Vanderbilt grants and scholarships in 2009, college officials have announced.

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Fitch: Certain U.S. Student Loan ARS under Increased Pressure

NEW YORK--(BUSINESS WIRE)--The prolonged freeze on the auction-rate securities (ARS) market may begin to manifest itself in negative rating actions on U.S. student loan trusts that use ARS,

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Bailout And Student Loans

Project Logic Ga, a blog targeting Georgia's black moderates, writes: "Am I missing something in these Wall Street/Main Street Bailout discussions: what about student loans? Most people pay their loans back in a reasonable period and it has always seemed unfair to 'bailout' [sic] those of us who did not. Us. We. Me. But, Wall Street speculated on financial products and projects and some homeowners...