Tag Archives: student debt

Here’s How Obama’s New ‘Student Aid Bill of Rights’ will Affect You

Over 70% of those earning a bachelor’s degree graduate with debt averaging almost $30,000. It’s been called a “student debt crisis” as the cost of college education rises (the cost of college has increased 225% over the last 30 years) and new graduates struggle with repayment plans (complaints against student lenders went up 38% last year) There’s some comfort to…

Is Student Loan Forgiveness for All Students a Good Idea?

Student loan forgiveness has become a topic of conversation lately. Elected officials in Washington, D.C. (and in all 50 states, for that matter) have been racking their brains trying to figure out ways of getting the economy back on track and cultivating job growth.  The unemployment rate remains high, and consumer confidence has plunged recently.  Meanwhile, Americans are still in…