Dear Liz: My nephew was persuaded by a recruiter to attend a for-profit technical college. Then, once he entered, his "advisors" persuaded him to take many, many classes — at full price — always handing him student loan paperwork to get more loans. Then they persuaded him to change his major, necessitating a whole new round of classes and loans to pay for them.
Paying down student loan debt is hard enough without worrying about saving for retirement.
How older Americans are suffering under the weight of student loan debt
Contacting your student loan lender is usually the first step in resolving an issue. But what if it gets you nowhere? Last year, the Consumer Financial Protection Bureau received about 5,800 student loan complaints, and 65% of them related to dealing with lenders or loan servicers.<br>Sometimes you
Student loan debt is a complicated problem with so many to blame yet we focus on the student as the weakest link. That is misguided.
A new report from The Pew Charitable Trusts offers key insights when it comes to showing how some college borrowers may end up in default.
The annual cost of college education has risen by 130% in the past 20 years, according to the College Board, so it's no surprise so many of us have student loan debt.
What does a ton of student-loan debt get you? A lower chance of graduating and a higher chance of unemployment.
A look behind the hysteria about debt-saddled college graduates
A growing percentage of people are having their savings impacted by the rising cost of college, increasing the risk of more households having inadequate income in retirement
What if student loan payments were treated like Social Security taxes - automatically withheld from a person's paycheck? Fewer people would fall behind and risk having their wages garnished or
A new study shows college graduates with more than $50,000 of student loan debt significantly lag behind their debt-free peers when it comes to well-being.
More Americans are seeking higher education, which means more people are taking on—and struggling with—student loan debt. For one first-generation college graduate, the complex repayment system proved overwhelming.
"I'm essentially a credit hostage. If she declared bankruptcy, 100 percent of the burden would land on my lap."
Tuition has increased 26% at public and private schools in the last decade, according to new research from Student Loan Hero.
A confusing application process and growing debt per student means the financial recovery may never erase that debt burden.
The gender money gap starts before you enter the workforce.
Should medical students be paying 6.8% interest on their student loans? Given that medical students historically have low rates of defaulting on their loans and the high rate of employment upon graduation, should medical students be paying such a high rate of interest on their student loans? Should the government be risk adjusting interest rates for different graduate degrees?
Many employers are looking at contributions to debt payments as a powerful recruiting tool for Millennials and Generation Z.