Student Loans to Cost More in the Fall

(CNN) — College freshmen taking out government student loans will pay a heftier price this fall. Thanks to Congress, interest rates could be nearly a percent point higher than in previous years. Under this rate, seniors with one year of school left could pay an additional $260 in interest over a 10-year period. But analysts … Continue reading »

Events Tackle Student Debt Issue

EUGENE, Ore. — Student loan debt is hurting approximately 37 million Americans. On Friday, a series of events aims to tackle the issue. Friday marks the two-year anniversary of total student debt in the United States reaching $1 trillion and two events will be held on the University of Oregon campus. First a rally at … Continue reading »

Some Colleges Help Pay Student Loans

(CNN) — Trying to draw in more students, a small but growing number of colleges are now agreeing to help students pay back their student loans. The loan repayment assistance programs cover student loan bills until the students secure a job that pays well. Once the undergraduates earn enough to afford to pay those bills, … Continue reading »

Senators Closer to Student Loan Deal

(CNN) — A deal on student loan interest rates could be inching closer to reality, as a bipartisan group of senators hammered out a plan Thursday. Their plan would tie interest rates on government Stafford loans to the rates on the 10-year U.S. Treasury note. Students would pay the rate on that note–about 2.6 percent … Continue reading »

Young Adults in Less Debt, But No Credit

(CNN) — Young adults are in less debt than they were a decade ago, but that’s not a good thing. Adults under 35 have more student loan debt and less exposure to credit card, car and home loans. Researchers say that’s a troubling sign for the economy. Debt levels in young adults dropped nearly 14 … Continue reading »