Tuesday, September 23, 2014

Latest Student Debt News

Letter: Loss of jobs driving student loan crisis

It is becoming increasingly common to find college graduates saddled with massive student loan debt. … Students those days were a lot of young men with money — or with parents with money — getting deferments to avoid the draft and the Vietnam War.
Read more on Topeka Capital Journal


Personal finance tips: New rules for inherited Roths, and more

But there is "a downside to avoiding credit cards entirely," since a thin credit history can make it hard to get a mortgage or car loan. A good middle … The share of elderly Americans with student loan debt jumped to 4 percent in 2010, up from 1 …
Read more on The Week Magazine


Freshers" Week could mark start of debt crisis for students

Its research showed, for instance, that three out of five students don"t understand the repayment terms of student loans. Meanwhile … "Universities have a duty of care to help students address money worries and avoid crippling debt," she argues. But …
Read more on The Independent



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