Student debt is a serious problem for many young Americans. The fierce competition for jobs have forced many to enroll in colleges they cannot afford, and simply hope that when the time comes, they will be able to pay off their student loans. Unfortunately, one in four graduates find it an uphill battle they are […]
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Almost everyone in the finance industry agrees that the next financial explosion in the country will be student loans. The federal government saw the problem coming and has moved to offer more flexible repayment terms and borrower protection for federally-backed student loans. However, a large segment of student loans are held by private lenders. These
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As you work to complete your college education, the responsibilities of adulthood begin to set in. The thousands of dollars borrowed for tuition loom on the horizon and the day of your first due payment rapidly approaches. The average borrower in the college class of 2013 is likely to carry more than $35,200 in student
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Colleges and universities all across the nation are in full swing as another academic year has begun. To the chagrin of both students and their parents, the cost of a college education has skyrocketed in the last five years. In August of this year, the New York Federal Reserve released its Quarterly Report on Household
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