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Occupy Movement to “Default on Student Loans”
Wednesday, November 23, 2011 - The Occupy movement is running a so-called “Occupy Student Debt” campaign with the aim of gathering a million student loan debtors to default in defiance a higher education system that “saddles college students with debt.”
523...
Do Smart Students Know Little About Finances?
Monday, August 29, 2011 - With student loans set to top $1 trillion as employment continues to slump across the country, it is extremely important that a graduate know how to manage his or her finances.
The problem is that not a lot of these students have even the most...
5.4% of All Student Loans Are In Default
Thursday, August 18, 2011 - The latest data from Moody’s Investor Services Unit shows that student loan defaults rose to an alarming 5.4% in the second quarter of 2011 – up 0.4% from the first quarter and 0.9% from a year ago.
The current 5.4% default rate might be...
Moody’s: Student Loans Next “Bubble” to Burst
Wednesday, August 10, 2011 - In a recent report from Moody’s, the credit rating agency airs concerns that weak hiring prospects cannot cope with the increasing number of graduates – all of them expected to pay off their debts in short time or face exorbitant interest...
Debt Plan: Immediate Interest Payments for All Future Stafford Loans
Friday, August 5, 2011 - The government used to pay the interest rates for students availing of subsidized Stafford loans while in school, for a grace period and for deferment periods.
The federal debt agreement plan now wipes all those options off the table –...
A Peek into the Debate Between For-Profit College Leaders and Critics
Wednesday, July 27, 2011 - In an ongoing debate on proposed student loan regulations, republicans and for-profit schools think that regulations are too harsh while democrats and students think that the regulations are too soft.
But what does each side have to say about...
“Save Pell” The Email and Social Network Battle Cry of Students
Tuesday, July 26, 2011 - Ongoing budget talks have put almost all government-funded programs at risk, but college students across the nation are officially taking their cause to the Internet.
www.savepell.org is the nerve center for this cause, with an entire webpage...
Unfunded Scholarships: When Talent Goes Unrewarded
Tuesday, July 19, 2011 - Education is the key to a better future, especially when an individual has promise.
This is a mantra that has been drilled into the minds of generations of Americans, but the recent spate of education budget cuts has forced many scholarship...
TIME Writer Berates Federal Student Loan Forgiveness Program
Wednesday, July 13, 2011 - Federal student loan recipients can have their loans forgiven if they enter a public-service job for 10 years without reaching a given income limit, but this is something that Zac Bissonnette is quick to disagree with.
Bissonnette argues that...
Over-Qualification a Rising Problem for Graduating Students
Saturday, July 9, 2011 - Many students opted to ride the unemployment wave by taking out student loans and gunning for an extra degree.
The problem here was that they actually became overqualified for entry-level positions once they graduated.
This is the problem of...
