student loan debt
Rosemary Anderson could be 81 by the time she pays off her student loans. After struggling with divorce, health problems and an underwater home mortgage, the 57-year-old anticipates there could come a day when her Social Security benefits will be docked to make the payments.
Senate Republicans on Wednesday blocked legislation aimed at letting people refinance their student loans at lower rates, a pre-ordained outcome that gave Democrats a fresh election-year talking point against the GOP.
President Barack Obama says the rising costs of college have left America’s middle class feeling trapped. He says no hard-working youngster in America should be priced out of a higher education.
The rapidly swelling cost of student loan debt is not being inflated simply by unaffordable undergraduate and associate degrees – 40 percent of the $1 trillion in outstanding student loan debt paid for expensive post-graduate and professional degrees.
Young American adults, Millennials, are forging their own optimistic way into adulthood through a detachment to politics and religion, distrust of others, and low levels of financial literacy.
American students continue to borrow more and more money to pay for increasing college costs, but the number of graduates paying them back is declining.
D.C. is America’s third smartest large city, according to rankings released Tuesday by the real estate blog Movoto.com.
A new study found that a record 1 out of 5 households now owe student loan debt.