More than 70 percent of undergraduate college students take out student loans to help with college costs. The U.S. Department of Education offers several different repayment plans to ease the burden of loan payments for new graduates as they work to establish their careers.
College is very expensive. Congress and the IRS have given us ways to offset education costs.
Massachusetts U.S. Sen. Elizabeth Warren says she is shocked that the federal government earned an estimated $66 billion in profit from student loans originated between 2007 and 2012.
U.S. Sen. Elizabeth Warren is planning to file a bill to let students refinance their old loans at a new lower rate.
The student is going to benefit so should they foot the bill?
An undergrad taking out a Stafford Loan today would pay less than 4-percent interest, well under the current 6.9-percent rate.
Student loans – subsidized by the government – are the only reason some kids are able to go to college.
U.S. Sen. Elizabeth Warren is calling on Congress to stop student loan interest rates from doubling this summer.
Paying for college is not only a problem for recent grads. Those big bills are staying with families for decades and it could wind up costing some their retirement.
What’s in your wallet?