Posts Categorized: Private & Federal Student Loan Consolidation

Educational Dream Becomes a Nightmare in the Face of Student Loan Debt

Posted by Rana & filed under Private & Federal Student Loan Consolidation.

Although once perceived as a ticket to a successful future and to financial security, a four-year university degree in America has become a ticket to years of debt slavery. Approximately 37 million American students are holding an estimated $867 million to $1 trillion in unresolved educational debt according to statistics compiled by the Federal Reserve […]

Student Loan Debt Creeping into Upper Age Brackets

Posted by Rana & filed under Private & Federal Student Loan Consolidation.

While student loan consolidation has been at the heart of many of the “occupy” protests that began late in 2011, few people realize that older Americans are also building up education-based indebtedness that could well follow them for the rest of their lives. According to a report by Reuters released just this month, borrowing money […]

Changes in 2012 for Holders of Student Loan Debt

Posted by Rana & filed under Private & Federal Student Loan Consolidation.

One thing is quite clear about the changes affecting payment of student loan debt set to take affect in 2012: confusion. Exactly what is going to be different about how student debt is managed and how will it affect you? Change in Loan Subsidization Status One of the most frightening changes for most student loan […]

Obama Administration Addresses Student Loan Debt Via Executive Order

Posted by Rana & filed under Private & Federal Student Loan Consolidation.

The “Occupy” protests that have spread to cities across America are an expression of the level of discontent the citizenry is feeling about the unequal distribution of wealth in the nation. There is also, however, an even greater gap in opportunity, broadened by the issue of mounting student loan debt. Many of the protesters are […]

Occupy Movement Highlights Need for Student Loan Consolidation, Debt Forgiveness

Posted by Rana & filed under Private & Federal Student Loan Consolidation.

Most people have a hazy awareness that the Occupy Wall Street movement, which has now spread to cities and college campuses across the nation, is an expression of a growing dissatisfaction with and suspicion of the United States federal government. However, the vast majority of Americans don’t realize that the movement bears significant similarities to […]

Long-Term Student Debt Worsens During Recession

Posted by Rana & filed under Private & Federal Student Loan Consolidation.

Although student loan debt was already a problem in the United States, the recession coupled with skyrocketing tuition costs over the past three decades has greatly intensified the financial stress new graduates now face — to the point that total student loan debt exceeds credit card debt in the U.S., standing at an estimated $898 […]