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Student Loan Default Rate On the Rise
20 April 09 04:02 PM | Student Loan Girl | 0 Comments   

Weighed down by job losses, limited job availability, and lower salary wages, college graduates — who leave school owing an average of $22,500 in student loans — are defaulting on their federal student loans at the highest rate since 1998 (“ In Grim Job Read More...

Filed under: bankruptcy, college graduates, college loans, deferment, deferring student loans, extend student loan terms, federal student loan repayment options, federal student loans, forbearance, forbearing student loans, income-based repayment plan, limited job availability, New York Times, NextStudent, student loans

Groups Say Forgiving Student Loan Debt Would Boost Economy
25 March 09 05:16 PM | Student Loan Girl | 0 Comments   

As student loan debt continues to rise — jumping to $20,098 per graduating student loan borrower in 2007 from $18,796 in 2006 — and employment prospects continue to worsen, college graduates are experiencing greater difficulty repaying their student loans, Read More...

Filed under: affordable student loan payments, bankrupcty debt discharges, Brooklyn District Attorney's Office, BusinessWeek, cancel student loan debt, canceling student loan debt. Alan Colinge, college, college graduates, college loans, discharge student loans, Educaiton Department, Facebook groups, federal student loans, FinAid.org, graduate debt, income based repayment plans, NextStudent, private student loanns, public services loan forgiveness, Robert Applebaum, student loan borrowers, student loan debt, student loan forgiveness, student loan justice, Student Loan Legislation, student loan system, student loans, U.S. Department of Education