student loans
College costs have increased substantially from 1964 to today, and higher costs and borrowing may affect young workers’ retirement security
Federal Reserve policymakers will meet next week to decide whether to raise a key interest rate. If they do, it’ll be the first time since June 2006.
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Millions of consumers may not be getting a fair resolution in disputes with their financial institutions over products and services, according to a report released Tuesday by the Consumer Financial Protection Bureau.
Big banks are beginning to cut some slack to distressed student-loan borrowers.
Most graduates in the Class of 2013 left campus with more than a diploma. Nearly 7 out of 10 also had student loan debt. The average amount: $28,400, up 2 percent from the debt of those who graduated a year earlier.
Starting today, parents and college students will be paying more for federal education loans.
Just as the Federal Reserve Bank of New York is raising concern about growing student loan debt and defaults, President Barack Obama is moving to expand a repayment program aimed at helping lower-income borrowers.
So what can Uncle Sam do if you don't repay your federal student loans?
Many parents and grandparents are aware of the hazards of cosigning an education loan, putting themselves on the hook to repay if the student doesn't.