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student loan

Want to Use a HELOC to Pay Off Debt? Read This First

Want to Use a HELOC to Pay Off Debt? Read This First

If you have high-interest debt, you could consider paying it off with your home’s equity. One way to do this is with a home equity line of credit, or HELOC. Since HELOCs are secured by your home, you can usually get lower interest rates than with credit cards

WATCH: Students see tuition as a good investment despite loan debt, survey says

(The Center Square) – Federal student loan debt is nearing $1.7 trillion, as more than 70% of graduates are not working in their degree field. Yet 72% of students across the U.S. believe their college tuition is a good investment, according to a new WalletHub survey. The report found

Feds propose rules to penalize low-earning college degrees

(The Center Square) – The U.S. Department of Education has proposed new rules aimed at holding colleges and universities accountable for programs that leave students with low-earning jobs as the federal student loan debt nears $1.7 trillion. The proposal, outlined in a Notice of Proposed Rulemaking, would establish

End Finally Comes for SAVE Student Loan Plan: Millions Given Deadline to Switch

After two years of legal battles and confusion for student loan borrowers, a popular student loan repayment plan will be shut down — forcing over 7 million borrowers to find a new option. On Friday the Department of Education alerted borrowers on the federal Saving on a Valuable Education plan that

'Punished' for university: debt-laden UK graduates urge reform

'Punished' for university: debt-laden UK graduates urge reform

Graduate Gina Tindale, 22, left university £90,000 ($120,000) in the red, a common experience across the UK where young people saddled with huge debts are calling for a reform of the student loan system. The UK parliament's treasury committee on Thursday launched an inquiry into the

‘Hitting the wall’: Americans have record amounts of debt, and for many, it’s getting worse

‘Hitting the wall’: Americans have record amounts of debt, and for many, it’s getting worse

Many Americans are drowning in debt — and their financial peril is getting deeper and deeper. U.S. households currently face a record $18.78 trillion in debt, according to the latest figures from the New York Federal Reserve Bank. That is up $4.63 trillion from the end of 2019,

Trump administration considers selling some student debts to private sector

(The Center Square) – The Trump administration confirmed Monday that it is considering selling portions of the nearly $1.7 trillion federal student loan portfolio to private sector companies. While the private investors would gain ownership and collection rights over the loans, the original federal terms of the loans would theoretically