Month: May 2022

Two years ago, federal student borrowers enjoyed the lowest interest rates ever on their loans. This fall, rates for undergraduate borrowers will be nearly double what they were in 2020-21. Interest rates on new federal direct undergraduate student loans are expected to drop to 4.99% for the 2022-23 academic year, from 3.73% last year and […]

Much of what we read these days about massive student debt problems was announced long ago. Let William Shakespeare warn us. He did it in his play “Hamlet”. Polonius, an assistant to the king, offers advice as his son Laertes prepares to leave Denmark for Paris to continue his education. “Neither a borrower nor a […]

On Tuesday’s KGVO Talk Back show, Montana Democratic Party Chairwoman Robyn Driscoll answered tough questions from the audience on a variety of topics. The first question was about the Democratic Party’s position on abortion, after the recent controversy over the leak of the US Supreme Court’s decision to overturn Roe v Wade and allegations that […]

Editorials Ensuring the Helb Bond Doesn’t Make Student Loans Costly Thursday, May 26, 2022 Student loan recipients at Helb offices in Nairobi. FILE PHOTO | NMG In the absence of increased funding from the government, it is understandable that the Higher Education Loans Board (Helb) is seeking to mobilize more resources to finance the education […]

There are hidden costs, even when the government is able to collect the money. One of the department’s most successful — and draconian — collection mechanisms is the Treasury’s offset program, which seizes government payments. In 2019, the Treasury Department seized nearly $4.9 billion in tax refunds and other payments to pay off student loan […]

Colin Beresford Two years ago, federal student borrowers enjoyed the lowest interest rates ever on their loans. This fall, rates for undergraduate borrowers will be nearly double what they were in 2020-21. Interest rates on new federal direct undergraduate student loans are expected to drop to 4.99% for the 2022-23 academic year, from 3.73% last […]

The Student Loans Company (SLC) is considering client recommendations to change the tone of its correspondence with graduates, including the suggestion to adopt a “librarian friendly” manner. It has also been suggested that the public body, which comes into contact with 8 million people in the UK each year, wishes the students well in their […]

Navient (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Navient has agreed to forgive $3.5 million in student loans. Here’s what you need to know. Student loans Navient, one of the nation’s leading student loan servicers, has agreed to student loan debt forgiveness for, in the words of New […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Credit unions offer student loan refinancing. Learn […]

Financial expert Dave Ramsey (Photo by Anna Webber/Getty Images for SiriusXM) Getty Finance expert and best-selling author Dave Ramsey says student loans are “awful” and “bad”. Here’s what you need to know. Student loans Ramsey weighed in on student loans and the student loan debt crisis in an email to Insider. Among his prospects: canceling […]

As the world around us becomes more and more digital, it is becoming increasingly clear that the future of our economy lies in technology. According to LinkedIn research, 150 million new tech jobs will be created over the next five years. The catch, however, is that 40% of the UK workforce lack the digital skills […]

WASHINGTON — President Joe Biden met with Democratic senators at the White House on Wednesday afternoon to discuss the issue of student debt, a source familiar with the meeting said. The president was expected to huddle with Senate Majority Leader Chuck Schumer, a Democrat from New York, Democratic Senator from Georgia Raphael Warnock and Democratic […]

No sooner had Snapchat co-founder and CEO Evan Spiegel and his wife, model and makeup mogul Miranda Kerr received honorary degrees from the Otis College of Art and Design in Los Angeles than they returned and pledged to repay the class’s student loans. . The Spiegel Family Fund’s “significant donation” exceeded $10 million, the school […]

President Joe Biden’s repeated debt repayment freezes and more recent willingness to attempt debt forgiveness for some have left student borrowers puzzled about their own financial futures. Students in debt must decide whether to wait for a blanket debt forgiveness or make the most of Biden’s payment pause — and what to do if or […]

President Joe Biden (Photo by NICHOLAS KAMM/AFP via Getty Images) AFP via Getty Images Student loans will become more expensive this year. Here are the new prices. Here’s what you need to know — and what it means for your student loans. Student loans Bad news for student borrowers: Federal student loan interest rates are […]

The CARES Act allows employers to contribute $5,250 a year to each employee’s student loans. Student loan repayment assistance is a new workplace benefit offered by some companies. You can use this simple email template to encourage your employer to start offering it. Loading Something is loading. It’s safe to say that student loan debt […]

Tasha Kaminsky, director of development at a St. Louis nonprofit, would like to have children. In many ways, the timing couldn’t be better. Kaminsky, 33, is married, has a stable job and owns a house. However, a major obstacle stands in her way: her student debt. It’s been 10 years since Kaminsky took out a […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Weighing the pros and cons of student […]

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders, all opinions are our own. Credible Market’s latest private student loan interest rates, updated weekly. (Stock) Medium private […]

Activists hold a student loan forgiveness rally near the White House on April 27, 2022. Anna Moneymaker | Getty Images News | Getty Images Throughout the conversation about canceling student loans, a frequently asked question is why cancel student loan debt, and not, say, credit card debt or mortgages? What makes student loans so different? […]

“Global Private Student Loans Market Research Report 2022”This research report offers Covid-19 outbreak study accumulated to offer the latest information on the acute characteristics of the Private Student Loans Market. This intelligence report includes investigations based on Current scenarios, historical records and future predictions. The report contains different market forecasts related to the market size, […]

Photo: DutchNews.nl Dutch student loan agency Duo will be ‘slower’ in denying loans to students from elsewhere in the EU after losing several lawsuits, a spokesperson told NOS. Students from other EU countries with part-time jobs are eligible for loans under EU equal treatment rules, which state that foreign workers must have the same rights […]

Federal student loan payments remain suspended, this time until September 2022. However, if you have a student loan balance, you can still continue to make payments, and that might be a good idea. In April, President Joe Biden again extended the moratorium on student loan repayments that began at the start of the COVID-19 pandemic […]

Earlier this week, my daughter committed to college for neuroscience. It was not an easy discussion. She’s a smart kid – good grades and test scores, an athlete in two sports, president of the school newspaper, honor societies, all of it. She was thrilled to get into one of the best schools in the country. […]

Earlier this week, my daughter committed to college for neuroscience. It was not an easy discussion. She’s a smart kid – good grades and test scores, an athlete in two sports, the president of the school newspaper, honor societies, the whole thing. She was thrilled to get into one of the best schools in the […]

Regarding student loans: In the past, a high school diploma was sufficient, and one could advance in society and find a meaningful career with it. Thanks to taxpayers, secondary education has become free and accessible to all. Nowadays, a high school diploma no longer carries the weight it once had, and thus a bachelor’s degree […]

Last month, President Biden extended the freeze on federal student loan repayments until August 31. This raises many questions: should I start paying now or should I wait? LITTLE ROCK, Ark. – Meet Emily Towe. She’s a lawyer in Little Rock, and like 43 million other Americans, she has student loans. “Right now, I think […]

College is expensive. Parents work multiple jobs, pressure their children to be top of their class in order to win merit scholarships, all in the hope that college will mostly be paid in full. Inevitably, many students and parents have to take out student loans in order to fill the gaps left by financial aid. […]