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Student Loan Rates News

Auto and Student Loans Drive Borrowing Surge - Wall Street Journal


Bloomberg

Auto and Student Loans Drive Borrowing Surge
Wall Street Journal
Household borrowing through credit cards, car loans, student loans and other installment debt—which excludes mortgages—rose at a seasonally adjusted 9.3% annual rate in December, following a 9.9% rise in November, the Fed said Tuesday.
Consumer credit surges in DecemberMarketWatch
Consumer Credit Expansion Continues in DecemberGlobal Economic Intersection
UPDATE : US Consumer Credit Surges Second Month In A Row4-traders (press release)

all 259 news articles »

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Student loans the 'next debt bomb' for US, attorneys warn - InvestmentNews


Washington Times

Student loans the 'next debt bomb' for US, attorneys warn
InvestmentNews
Student loans “will be a drag on the economy for the foreseeable future,” he said. The student loan default rate rose to nearly 9% for a two-year period ending in 2010, up from 7% the previous period. Federal student loans provide borrowers a fixed, ...
Survey: 4 Out 5 US Bankruptcy Attorneys Report Major Jump in Student Loan ...MarketWatch (press release)
Student debt often leads to bankruptcy, lawyers findWashington Times
Report: Student debt could be next economic bombRochester Democrat and Chronicle
Investor's Business Daily
all 36 news articles »

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Don't Let Student Loan Rates Double - Huffington Post (blog)


Gather.com

Don't Let Student Loan Rates Double
Huffington Post (blog)
To put this in perspective, tuition rates at four-year colleges and universities have risen over 32 percent in the last decade, and last year Americans took out more than $100 billion in student loans for the first time in our history.
Stafford LoansGather.com
CNC Student Rep Says Scrap The Interest On Student LoansOpinion250 News (blog)

all 3 news articles »

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Interest on student loans no deterrent, minister says - Victoria Times Colonist


Interest on student loans no deterrent, minister says
Victoria Times Colonist
By Rob Shaw, Times Colonist February 7, 2012 BC could eliminate interest rates on student loans at a cost of $34 million a year, but the minister responsible says it wouldn't help students gain access to a post-secondary education.

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Locals applaud student loan changes - UI The Daily Iowan


Business Insider

Locals applaud student loan changes
UI The Daily Iowan
Sallie Mae requires unemployed graduates to pay a $50-per-loan "good-faith" fee every three months if they are unable to make payments on their student loans. The company previously had pocketed those fees, but it changed its policy after 23-year-old ...
Knight: Student borrowers fight Sallie Mae's 'jobless penalty'Pekin Daily Times
Sallie Mae latest to feel online furorThe News Journal
Internet Campaign Prompts Sallie Mae to Change Fee PolicyTIME
HULIQ -Business Insider
all 15 news articles »

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Women's Council support stricter student loan rules - New Zealand Herald


Women's Council support stricter student loan rules
New Zealand Herald
"All students who have benefited from the loan system should take responsibility for the repayment of their loans at a reasonable rate - they should not be allowed to 'play the system'." In particular, Ms Zemanek approved of the requirement for a New ...
Student loan bill 'a disaster'Stuff.co.nz

all 9 news articles »

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Student leaders sit down with Hoyer - Diamondback Online


Student leaders sit down with Hoyer
Diamondback Online
Xie, SGA Vice President of Academic Affairs Jamil Scott and SGA Director of Governmental Affairs Zach Cohen said they stressed the importance of teaching students financial literacy. The current student loans interest rate is set at 3.4 percent and ...

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