It’s not uncommon to lose track of student loan debt, either consciously or unconsciously. Delinquent student loan debt has surpassed that of credit card debt in the third quarter of 2012 for the first time, according to the Federal Reserve Bank of … [Read more...]
College tuition and fees have increased over 400% between 1985 and 2005, with costs doubling over the last decade. The average college student graduates with tens of thousands of dollars in student loan debt. In 2012, the average student loan … [Read more...]
Question: I have at least 4 student loans (now consolidated) but, before these loans were consolidated, they were bought, exchanged, or sold out from one to another and then again and I think even again before I was able to consolidate … [Read more...]
Beginning December 21, 2012, the Department of Education will be offering a more favorable version of the income-based federal student loan repayment program. The “Pay As You Earn” program will allow eligible borrowers to cap monthly payments to … [Read more...]
Student loans have become one of the most common forms of debt. According to an advocacy group, the Project on Student Debt College, two-thirds of college seniors who graduated in 2011 had student loan debt, with an average of $26,600 per … [Read more...]
Student loans do not go away; and, in most instances, filing bankruptcy will not get rid of them. Besides paying off student loans there is another way to get rid of student loan debt. Your student loan may be eligible for student loan forgiveness if … [Read more...]
Attending college has many financial advantages as studies say college graduates can earn more money. A report by the Census Bureau entitled "The Big Payoff: Educational Attainment and Synthetic Estimates of Work-Life Earnings" found over an adult's … [Read more...]
Question: I have two student loans from both undergrad and grad school that total up to nearly $74,000.00. Due to a financial hardship my loans went into default and were turned over to a collection agency. In May of 2009 I began to pay $255.00 … [Read more...]
Student loan debt is on target to destroy borrowers’ finances much like the housing crisis. As the economy shows signs of recovery many Americans are finding themselves underwater in student loan debt. Many having taken out costly student loans … [Read more...]
Question: I received a dunning letter from a collection agency and responded via certified mail, requesting validation in the form of "a copy of the original signed promissory note". I received a response of a letter that said "see attached" and the … [Read more...]
