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Image via Wikipedia This guest post is by Paul Combe, president and CEO of American Student Help. The “Occupy” passage is drawing attention to some very real problems that plague our nation’s higher education financing system: skyrocketing college costs, an augmented reliance on student loans over grants, the role of private loans, people repaying their [...]

Image via Wikipedia This guest post is by Paul Combe, president and CEO of American Student Help. The “Occupy” passage is drawing attention to some very real problems that plague our nation’s higher education financing system: skyrocketing college costs, an augmented reliance on student loans over grants, the role of private loans, people repaying their [...]

Updated Wednesday, 7:40 a.m. President Obama on Wednesday will announce a plot to allow college graduates to cap federal student loan repayments at 10 percent of discretionary income starting in January, two years before the cap was due to take effect under federal law. The accelerated “pay as you earn” program, which Obama will authorize [...]

DE PERE – Like many college students across the country, St. Norbert College Senior Tim Muldoon is trying to get a jump on student loans by working two part-time jobs. “Having a job during school is nearly mandatory per se with people who have loans,” said Muldoon. Federal education department data shows there’s been a [...]

Enlarge image Student Loan Debt Leads to Confusion, Protests and Defaults Photograph by Stan Honda/AFP/Getty Images Source: Photograph by Stan Honda/AFP/Getty Images William Prince, of Rosenberg, Texas, knows just how inevitable student loans can be. The 52-year-ancient father of two started paying off $51,000 in college debt 15 years ago and now owes $57,000. “I don’t [...]

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AS if our financial system hasn’t suffered enough – or caused enough suffering – economists worry that more difficulties lie yet to be in the student lending sector. Students, parents and lenders alike are stressed by rising tuition costs, mounting debt and a weak job market. Will the student loan bubble burst under the pressure? [...]