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Trump education official to resign, call for loan forgiveness

A senior student-loan official in the Trump administration said he would resign Thursday and endorse canceling most of the nation’s outstanding student debt, calling the student-loan system “fundamentally broken.”.....»»

Category: topSource: moneycentralOct 24th, 2019

A 28-year-old who paid off $102,000 in student loans used the debt snowball method to "make her loans fair"

Mike Arrison Photography Mandy Velez graduated from the University of Pittsburgh in 2013 wit.....»»

Category: topSource: businessinsiderOct 19th, 2019

Robert F. Smith, the billionaire who promised to pay off student loans for an entire college class, said his $34 million gift was inspired by a small act of philanthropy he saw his mom make

The Carnegie Corporation In May, billionaire Robert F. Smith pledged to pay off student loan debt for an entire g.....»»

Category: topSource: businessinsiderOct 18th, 2019

So you make $100K? It still might not be enough to buy a home

A record number of six-figure-income families rent, as student debt and meager savings cloud their financial future. Because buying a house was historically a pathway to savings, this phenomenon could exacerbate the nation’s wealth gap......»»

Category: topSource: moneycentralOct 16th, 2019

So you make $100K? It still might not be enough to buy a home

A record number of six-figure-income families rent, as student debt and meager savings cloud their financial future. Because buying a house was historically a pathway to savings, this phenomenon could exacerbate the nation’s wealth gap......»»

Category: topSource: moneycentralOct 16th, 2019

So you make $100,000? It still might not be enough to buy a home.

A record number of six-figure-income families rent, as student debt and meager savings cloud their financial future. Because buying a house was historically a pathway to savings, this phenomenon could exacerbate the nation’s wealth gap......»»

Category: topSource: moneycentralOct 16th, 2019

Elliott"s arguments on Marathon Petroleum "make sense," says JPMorgan

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallSep 25th, 2019

Column: CFPB, defying common sense, wants you to click on debt collectors" links

A proposal from the Consumer Financial Protection Bureau would allow debt collectors to disclose people's rights via text or email links, whi.....»»

Category: topSource: latimesSep 3rd, 2019

Does It Make Sense In Consolidating Student Loans?

The .....»»

Category: blogSource: valuewalkAug 29th, 2019

Soaring student debt opens the door to relief scams

Soaring student debt has been fertile ground for companies that promise to help stretched borrowers by navigating a maze of federal programs. But some services are outright scams and others make promises that are illegal......»»

Category: topSource: moneycentralAug 26th, 2019

Soaring student debt opens the door to relief scams

Soaring student debt has been fertile ground for companies that promise to help stretched borrowers by navigating a maze of federal programs. But some services are outright scams and others make promises that are illegal......»»

Category: topSource: moneycentralAug 26th, 2019

Canceling Student Debt Would Hurt US Economy: Survey

Bernie Sanders and Elizabeth Warren have been leading the pack of some two dozen Democratic primary contenders on a range of progressive issues. But here's one survey they probably don't want to see. According to a survey fr.....»»

Category: blogSource: zerohedgeAug 19th, 2019

This 34-year-old paid off $81,000 in student debt, but not before it took a toll on her mental health

‘We need to make sure college students have access to financial education.’.....»»

Category: topSource: marketwatchAug 19th, 2019

Kamala Harris proposes cancelling $20,000 in student debt for these low-income borrowers, unleashing Twitter backlash

Experts wonder how large of an impact the plan would make on the issues it’s designed to address.....»»

Category: topSource: marketwatchJul 30th, 2019

Kamala Harris proposes cancelling $20,000 in student debt for these low-income borrowers, unleashing backlash on Twitter

Experts wonder how large of an impact the plan would make on the issues it’s designed to address.....»»

Category: topSource: marketwatchJul 30th, 2019

Canceling all student debt is a bad idea

It’s not just unfair. It would be terribly divisive......»»

Category: topSource: washpostJul 5th, 2019

Canceling all student debt is a bad idea

It’s not just unfair. It would be terribly divisive......»»

Category: topSource: washpostJul 5th, 2019

One argument for canceling student debt: Student-loan borrowers may be far poorer than most economists believe

A new analysis raises questions about some conventional wisdom on student debt......»»

Category: topSource: marketwatchJun 28th, 2019

The "after" picture of student loans: Credit card debt, smelly cars, pawn shops to make ends meet

Debtors with student loans feel more financially insecure, engage in riskier money behaviors and have more trouble paying bills......»»

Category: topSource: moneycentralJun 26th, 2019

Forgiving student debt doesn’t actually solve the root of the problem

In fact, it may make the problem worse. Maybe the U.S. ought to enact a policy that’s more directly tied to incomes without burdensome interest payments......»»

Category: topSource: marketwatchJun 26th, 2019