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With an outstanding federal student loan debt of $29,000 and a monthly bill of $430, Shpati joins the millions of Americans who have student debt but no degree. "I am a first-generation Albanian ...
As a student loan company, CommonBond’s efforts to help employees pay down their student loan debt feel natural. In 2015, the company began offering up to $100 per month in student loan ...
Story at a glance Student loan debt is the second-highest consumer debt category after mortgages, with the U.S. holding $1.7 trillion in outstanding loan debt. At least 30 companies offer a ...
American student loan debt is sky-high, with some estimates putting the total number over $2.19 trillion—that’s higher than all U.S. credit card and auto loan debt combined.
The student loan debt crisis arose after legislative changes over the years that create a system of largely unchecked lending to millions of students, according to a reporter and author of a new book.
The trend of heavy debt burdens threatens to limit access to higher education, particularly for low-income and first-generation students, who tend to carry the heaviest debt burden. Federal student aid policy has steadily put resources into student loan programs rather than need-based grants, a trend that straps future generations with high ...
Over half of American college graduates are graduating with some student loan debt, with borrowers owing a total of $1.57 trillion, according to the Federal Reserve. For many of these borrowers ...
Student loan debt is a national crisis that affects millions of Americans. Though the Department of Education has led efforts to tackle this issue in recent years, rising education costs make it ...