Student Loan Debt
Forget Accident Forgiveness! What about Loan Forgiveness?
Feeling overwhelmed by the idea of student loans that loom years after graduating? It is indeed a heavy burden. Of the 20 million students attending college per year, about 60% require federal student loans because they lack the certification to obtain scholarships or simply cannot afford the rising costs associated with college attendance. With over…
Student Loans – How to Prevent Defaulting on Your Loan?
Student loan defaults have risen for the sixth straight year according to the Institute for College Access & Success. The percentage of borrowers who defaulted on their federal student loans within two years of their first payment jumped 9.1% in fiscal year 2011, up from 8.8% the previous year. A mid-2012 briefing paper by the…
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