student loans

Where is the Financial Education?

April 23, 2012

Guest post by Frank Pipitone. Unless you have been hiding under a rock, you have heard or read about the looming student loan economic crisis. The National Association of Consumer Bankruptcy Attorneys (NACBA) refers to this coming crisis as the student loan “debt bomb.”  A brief look at the NACBA report and the startling statistics [...]

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Debt Reduction Equals Increased Debt Collection?

October 4, 2011

The debt-reduction bill President Obama just sent to Congress would allow agencies collecting federal debts—including student loans—to use robo-calls to collect. Hey, maybe more harassment would get more people to pay down the federal debt. (Hat tip to Consumerist!)

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Biggest Source of Consumer Debt? Student Loans

October 5, 2010

When people think of consumer debt, they think of credit card debt. According to the Federal Reserve, however, student loan debt has now surpassed credit card debt among consumers.

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Colleges Deceive Applicants

August 5, 2010

Applying to colleges is a stressful experience for most people. Where will you get in? How much will it cost and how will you pay for it? Unfortunately, according to a new report, some colleges are misleading students about their programs and even encouraging students to lie on their financial aid applications.

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Private Student Loans: A Last Resort That’s Too Often Used First

August 31, 2009

Private student loans are more expensive, riskier, and come with fewer borrower protections than federal student loans.  Nevertheless, almost two-thirds of the undergraduates who took out private student loans during the 2007-2008 school year did so without first obtaining the maximum federal loans for which they were qualified.  In fact, over a quarter of students [...]

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Student Loan Nightmare: Help Wanted

April 1, 2009

“[W]hy aren’t student loans receiving the same attention, same care and forgiveness as every other loan in America?” Student Loan Nightmare: Help Wanted | AC360

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The Beast That Swallows Its Young

September 5, 2008

For those of us with student loans…enjoy.

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