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A new report by PNC Bank finds that college students hold an average $45,000 in student loan debt. Moody's Analytics says loans have grown at double-digit rates through the last decade and college costs have significantly outpaced inflation. Although
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Jane Lynch, famous for her alter ego of cheerleading coach Sue Sylvester on the television show Glee, unveiled her latest project this week: a website aimed at helping prospective college students and their parents make smart choices about college
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Income-based system can lower payments McClatchy Newspapers It's one of the federal government's best-kept secrets, and therein lies the problem...And it's a creative way to help borrowers in particular those not earning a lot of money shrink their
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McClatchy Newspapers It's one of the federal government's best-kept secrets, and therein lies the problem...The program essentially caps your monthly debt payment based on an appropriate percentage of your income and family size...Department of
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For-Profit Colleges Will Fail on New Regulations New loan repayment regulations are aimed at protecting the taxpayer from the colleges selling degree courses to people who won't be able to repay the loan. US Education Department list that assesses
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Premier Christy Clark says she wants to make it easier for students with low incomes to repay their student loans. Clark has unveiled a plan to ease interest and principle payments for student loans, and in some cases forgive loan payments under what
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Sprott-Shaw Community College is appealing a decision that bars students at its Victoria and Nanaimo campuses from obtaining student loans next year. The institution was one of eight to receive letters this week from the B.C. Advanced Education
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For college-bound students, the easy money seems to be everywhere. The website for Discover's student loans says it can help: "Cover up to 100 percent of your college tuition, housing, books and more." An online ad by Wells Fargo
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Fearing the loan Students and parents looking to fill the gaps between financial aid awards and the costs of college often apply for loans with the same level of zeal that they put into admissions applications in the first place. In that driving
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Under the present terms of the 4-year-old Income-Based Repayment Plan, graduates who enroll get charged 15% of their monthly discretionary income to pay off loans...Currently, the program has 700,000 participants, according to Secretary of Education
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