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Direct Student Loan News

Student loan debt keeps going up

Outstanding student loan debt surpassed $1 trillion in 2011, an amount that now exceeds what the entire nation owes in credit card debt. The amount of money owed on student loans has continued to rise, even as recession-minded consumers pay down debt elsewhere.

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Cardiff students warned of loan scam

Students are being warned by Cardiff Trading Standards against a devious student loan scam. An email claiming to be from the Student Loans Company asks for personal information, including bank account details, in exchange for student loan payments.

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Biz Brain: What's my liability for my daughter's student loans?

I took out a Direct PLUS loan for my daughter’s education, based on my good credit. Now she is graduating with no work prospects. What do I do now?

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Paying off a student loan? New federal program may help

People trying to pay off student loans might be able to save a little money, thanks to a new loan consolidation program sponsored by the federal government.

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Libor: What it Means for The American Consumer

Check out how a key foreign interest rate impacts the interest you pay in the U.S.

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Libor: What it means for US consumer loans

You may not think a foreign interest rate could impact the interest you pay in the U.S., but it does. From adjustable-rate mortgages to private student loans, the London Interbank Offered Rate, or Libor, has a direct effect on the amount you pay.

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Comment on 13,000 is next Dow milestone, with record in sight

Only the business community is "responsible for investing"? Hardly. Anyone with an IRA or a 401(k) invests. Anyone with a bank savings account has toes in the market. Anyone with a mortgage, a car loan, a credit card, a student loan affects and is affected by the market. Brokerage accounts earmarked for a child's education are on Wall Street.

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