New Loan Repayment Option Helps Out Students

I was shocked and upset when I read November’s reports that student debt was outstripping potential post-graduate income–and I am even more stunned that this kind of borrowing is becoming even more commonplace.
Luckily for these students, the new loan repayment plan under 2007’s College Cost Reduction and Access Act finally went into effect July 1st–and [...]

Bill Becomes Law: Congress’s New Student Credit Card Protections

Back in May I wrote about a new bit of student credit card legislation working it’s way through congress. At the time the bill had passed only in the Senate, but just recently the Credit Card Accountability Responsibility and Disclosure Act of 2009 finally got signed into law.
Title III - Protection of Young Consumers
The new [...]

Student Loan Lenders’ Alternative to Obama Plan Rejected

President Obama’s plan to overhaul the way the government offers and services student loans has shaken up many private lenders, and 32 of them came together to offer him an alternative.
Hurting the Big Guys
The lender group, which includes national student lending powerhouse Sallie Mae, hoped the Obama administration would reconsider their plan to move [...]

Lowest Tuition Increases in Over 35 Years

With families still feeling the effects of the recession, many of us are intent on keeping costs down anywhere we can–and as students continue to make college decisions based on price, many private colleges and universities have taken notice.
Record Lows for Tuition Increases
It looks like private colleges and universities are making a serious effort to [...]