student loans

Of the 17 million Americans currently enrolled in college, 74 percent qualify as "nontraditional" students: 1-in-5 is 30 years or older. About half don't rely on their parents for money. One quarter are caring for a child. 47% attend college part time at some point. 25% took a...

America's cumulative student loan debt has topped $1.5 trillion, surpassing credit card debt as the second greatest debt burden behind mortgages. How will we pay it off? A study by the Brookings Institution suggests that approximately 40 percnet of Americans won't be able to pay off...

According to Federal Reserve Data, student loan debt reached $1.52 trillion in March of 2018. Women held approximately $900 billion of that total. Why do women hold more in student loan balances? A recently updated report from the American Association of University Women (AAUW) suggests that...

It's not uncommon for companies to help with tuition payments for their employees who are continuing their education, especially if they are working toward a professional degree that will help them in their job or with future advancements in the firm. Such a program can be a great recruiting...

America's total student loan balance has topped $1.5 trillion, according to recent Federal Reserve data. Default rates on student loans are at 11%. While the job market has improved for recent graduates, many are struggling with excessive debt and entry-level jobs that make repayment...

According to the G.19 Consumer Credit Report recently released by the Federal Reserve, America's total student loan debt has topped $1.5 billion – and we are having trouble paying off that debt. At of the end of 2017, a whopping 11% of student loans were either ninety days delinquent or...

A student loan can be your best friend or your worst nightmare. It can lead to an advanced degree that leads to a better job with higher pay and superior benefits. It can also be a millstone of debt keeping you from fulfilling other life goals – such as owning a home. A recent survey from...

America's outstanding student loan debt reached $1.52 trillion in the first quarter of 2018, according to information from the New York Fed. Have you ever wondered whether a significant amount of that debt is located in your city – or even in your zip code? Wonder no more. The Mapping...

You anticipated a large refund on your taxes to pay off some bills and put some money away in a rainy-day fund. Unfortunately, the money never showed up. What happened? Your refund may have gone toward an unpaid bill selected by the government – your unpaid student loan. Your federal student...

Are you planning to take out student loans soon? Be prepared to pay more for the privilege. Every year, the federal government sets the annual percentage rates for student loans taken out in the following academic year. The rate is set based on the interest rates for ten-year Treasury notes, plus...

Bitcoin and other cryptocurrencies have been hot for several years, but we haven’t seen anything like 2017’s record high of more than $19,000. Although, between January and March 2018, Bitcoin drastically fell 45% from $13,412.44 to $7,266.07. This decline seems to be caused by the...

How bad is America's student loan situation? According to recent data from the New York Federal Reserve, our $1.38 trillion in outstanding student loan debt is second only to mortgage debt but comes with a higher delinquency rate. As of the end of 2017, approximately 1.3% of mortgage balances...