Did you know that there are more than 44 million borrowers who collectively owe $1.5 trillion in student loan debt in the U.S. alone? Student debt has become such a major issue that it has made its way to the political forefront. The student debt epidemic is scary, but there are ways that students can make it easier on themselves.… [Read more]
A political debate is raging when it comes to student loans. In 2010, then President Barack Obama signed legislation into law that ended a 45-year-old program offering federal subsidies to private lenders dealing federally-guaranteed student loans. The move left the U.S. Department of Education as the sole provider of federal student loans. Private lenders and banks continued to offer loans to students, but the old system was dead and left with a heavy emphasis on federal responsibility.… [Read more]
If you are one of those who’ve recently graduated, and are drowning in student debts, you’ve most likely heard of student loan forgiveness options. As you delve deeper into getting your student loan forgiven, keep in mind that not everything you read or hear is true. Here are some of the most common myths; experts have shared with us, about student loan forgiveness.… [Read more]
The nice part of being a second-term President is you never have to worry about being elected again. The tired, lame refrains of the birthers and impeachers aside, a bulletproof President Obama is using part of his second term to lead in reducing the staggering cost of a law school education. Enter the bully pulpit.
We’re not talking about Texas Gov.… [Read more]