Richard Cordray to supervise America’s $1.5 trillion student loan portfolio

Richard Cordray, the previous director of the Consumer Financial Protection Bureau, will oversee the federal authorities’s $1.5 trillion student loan portfolio, the Department of Education introduced Monday.  Cordray will change … Read More

Will the federal student loan program want a $500 billion bailout?

Few subjects in public coverage generate as a lot warmth as the controversy over student-loan debt cancellation, a proposal first put ahead by Massachusetts Sen. Elizabeth Warren throughout her marketing … Read More

Employers Try a New Perk: Matching Student Loan Payments With 401(okay) Contributions

Many staff with student loans postpone saving for retirement. Now, a handful of firms try to forestall them from falling behind on retirement financial savings by matching their student-loan repayments … Read More

KiwiSaver cannot be used for loans

Business 25 Nov, 2016 02:25 AM4 minutes to learn I completed college in 2014 and I’ve been working fulltime since then and paying off my student loan. I’m planning to … Read More

Writing Off Student Loans Is Only a Matter of Time

In her speech on the Democratic National Convention, Hillary Clinton exclaimed, “Bernie Sanders and I will work together to make college tuition-free for the middle class and debt-free for all!” … Read More

Why 6 million unfortunate debtors can’t get student loan aid

This article is reprinted by permission from NerdWallet.  Six million federal student loan debtors can’t profit from the present cost pause—one that might give most individuals with debt 19 months of … Read More

2 million Americans have been repaying their federal student-loans for 20 years

Two million federal student-loan debtors have been repaying their debt for a minimum of 20 years.  That’s one takeaway from an evaluation of student-loan borrower knowledge revealed by the National … Read More

How to Suspend Your Student-Loan Payments

People with student loans obtained some excellent news Friday. President Trump mentioned the federal government would give nearly all federal student-loan debtors the choice to droop funds for a minimum … Read More