Student Loans, Colleges | featured news

Student loans seen as potential ‘next debt bomb’ for U.S. economy

Bankruptcy lawyers have a frightening message for America: They’re seeing the telltale signs of a student loan debt bubble that is placing increased financial pressure on families struggling with their children’s mounting debt. According to a recent survey by the National Association of Consumer Bankruptcy Attorneys, more than 80 percent of bankruptcy lawyers have seen a substantial increase in the number of clients seeking relief from student loans in recent years.

 

Colleges offer graduates help repaying loans

Some private liberal arts colleges are offering graduates help repaying loans.

 

Obama: Loan changes make college more affordable

Big changes in the student loan program will help make college more affordable for students and their debt load more manageable ...

 

Revamping of Student Loans Approved by Senate

The measure ends billions of dollars in subsidies paid to commercial banks for making federally backed student loans in which they bore almost no risk, and expands direct federal loans to students instead.

 

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