With so many options out there, it can be difficult to know just what category of student loans you fit into. When applying for student loan for your studies overseas, it is particularly important that you know exactly what loans you qualify for. This blog post will help you answer the question, “which student loan…
The Backstory Having arrived at a solution that both the Democrat-led Senate and Republican-dominated House can support, the student loan crisis appears to be on the way to a successful resolution. In fact, the compromise, which ties the interest rate on subsidized student loans to the market rate of 10-year Treasury notes but also puts…
The Issue A bipartisan compromise from the Senate promises to resolve the student loan interest rate increase that went in effect earlier this month. Thanks to congressional inaction, the interest rate borrowers pay on government-subsidized student loans doubled from 3.4% to 6.8% on July 1. Though all parties agreed that something should be done, neither…
Attention US students: Key negotiators in the Senate announced late Wednesday night that they had reached a tentative deal to resolve the recent jump in student loan interest rates. Though the legislation exists on paper only at the moment, because the agreement came from a round of talks between key Senators from both sides of…
Though the darkest days of the Great Recession may be over, the lessons it taught are still valuable. Indeed, it remains just as true now as in 2008 that college-educated workers are less likely to be unemployed than their lesser-educated peers and even if the United States unemployment rate is now well below its 2008…
Breaking News: The date, long dreaded by college students and campus administrators around the US, has finally arrived. Thanks to congressional inaction, students who take subsidized government loans after Monday, July 1st will see their interest rates double from 3.4% to 6.8%. Bottom Line: That means that the already high burden of student loan debt…
As the country prepares for the Memorial Day holiday, many student loan holders have their eyes on a July 1st deadline that, without Congressional action, will allow interest rates to jump from 3.4 to 6.8 percent for millions of subsidized Stafford loans. Though neither Republicans or Democrats believe that rates should be allowed to double…
Though international students may at first consider the State Department’s student visa application to be their first and last step when it comes to studying in the United States, they will soon discover that there other hurdles to overcome before they can begin their studies in the US. The reality is that funding can be…
Stephen Schwarzman – chairman of the Blackstone Group, a U.S.-based private-equity company – believes that most Americans “know next to nothing about China.” His new Chinese scholarship program, however, hopes to change that. The new program – which was endowed with a $100 million donation from Mr. Schwarzman’s personal fortune and should be matched by…
The fact that student loan debt is on the rise should come as no surprise to the millions of students that owe on their student loans. Research conducted in 2012 indicates that more than 20% of all U.S. households – fully 37 million Americans – owed a combined $1 trillion to public and private lenders….
