More than 70 percent of undergraduate college students take out student loans to help with college costs. The U.S. Department of Education offers several different repayment plans to ease the burden of loan payments for new graduates as they work to establish their careers.
New data from the Federal Reserve in St. Louis shows that millenials have 10 percent less wealth than their 1989 counterparts.
The for-profit school chain supposedly pressures students into taking out expensive loans.
U.S. Sen. Claire McCaskill is promoting a plan to cut interest rates on federally subsidized student loans.
With a couple of simple fixes from Congress, billions of dollars could be put into the economy by allowing middle class families to refinance their mortgages and by keeping student loans at market rates. Maybe […]
Shimkus: they need to accept the responsibility for that choice
Schools in the St. Louis area have student loan default rates that are more than double the national average.
That’s more than twice as high as the national average of 8.8 percent.