Student Loan Archives

New York (MainStreet)-- Nobody wants to think about it, and for good reason. College kids are young, vibrant and healthy. But if tragedy strikes, and death or disability follows, one banking giant is taking the lead by forgiving the remaining student loan debt. Read more»
Q. "My daughter is a senior in high school and plans on attending college next fall. I’m trying to help with her financing, but really don’t know where to start. I’ve heard there are some decent government loan and financial aid programs. Can you recommend a good one for us?" - R.N., Wheeling, West Virginia Read more»
College Savings Fall, Debt Rises
By: Brian O'Connell
There’s bad news on the college financing front. Read more»
For decades, even centuries, private colleges have won both the public relations war and the college admissions war against public schools. But these days, the better value may be the other way around. Read more»
As with any complicated financial dealings, there are some pretty obvious ways to screw up when getting a student loan. These include things like not filling out the FAFSA form correctly or taking the first offer before shopping around. Those are common errors. Read more»
Citigroup Shedding Student Loan Business
By: The Associated Press
By Mark Jewell, AP Business Writer BOSTON (AP) — Citigroup Inc. said Friday it is selling its student loan business and about $32 billion in related assets to Discover Financial Services and the student lender Sallie Mae, Citi's latest move to focus on its core consumer banking business. Read more»
Uncle Sam’s new rules are putting a stop to for-profit college abuses, but the schools won’t go down without a fight. The federal government has been shoving “for-profit” colleges around pretty forcefully in 2010. But some private schools are saying "enough is enough." Could heavier lobbying by such institutions change the student lending landscape, and what will that mean to college-bound Americans? Read more»
Welcome to MainStreet's newest series. Each week, we will answer a real question from readers on education costs and how to pay for college. If you have a question, feel free to send it to editors@mainstreet.com. Read more»
A new book offers advice for college students looking to save their parents’ retirement and financial well-being. Read more»
Aside from a fresh diploma, the typical graduating senior leaves college with something not as nice: a mountain of debt. Read more»
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