News - student
Fitch Affirms All Bonds of SLM student Loan Trust 2003-10
23 May 2012, 3:16 pm
Fitch Ratings affirms the senior
student loan notes at 'AAAsf' and subordinate notes at 'BBsf' issued by SLM
student Loan Trust 2003-10. The Rating Outlook on the senior notes, which is tied to the sovereign rating of the U.S.
‘Occupy Graduation’: student activists broadcast debt owed with ball and chains
23 May 2012, 12:54 pm
A handful of
student activists are expressing their displeasure at the rising cost of college by wearing inflatable ball and chain accessories over their graduation robes. The props state the amount of debt with which they're graduating. The silent commencement protest, dubbed "Occupy Graduation" by its organizers, is taking place at seven universities around the [...]
As student Loan Default Rates Rise, Is the Law School Bubble Bursting?
23 May 2012, 10:25 am
Here at the
student Loan Ranger, we recently read about Educational Credit Management, a Minnesota nonprofit that is earning commissions of up to 31 percent for collecting on defaulted
student loans. Seven of their employees earned more than $400,000 in 2010, according to the San Francisco Chronicle.
student loans require homework
22 May 2012, 5:00 pm
During a recent online discussion, lots of people had questions about
student loan debt. Here are my answers to a couple I didn’t get a chance to address. One person wanted to know whether when carrying
student loan debt — in this case at 7 percent — you should dip into your savings to pay it off. The reader wrote: “The debt would be paid off in a year at my current payment rate. Since the ...