Home > Student Loans > Join Us for a Twitter Chat: Conquering Student Loan Debt

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twitter-chat-mintOverwhelmed trying to manage mounting student loan debt? Concerned about how you’re going to be able to finance your children’s college education?

We want to help. We’re hosting a special Twitter chat session on Tuesday with Mint.com. The topic: Conquering Student Loan Debt. In this session, you’ll have a chance to share your challenges & ask our experts advice on all things student-debt related.

  • When: Tuesday, May 21st  at 1 p.m. ET
  • Where: On Twitter
  • Who: Credit.com’s Gerri Detweiler will be joined by guest expert Mitchell Weiss, a Credit.com contributor and a recognized expert on student loans, to answer your questions on student loan debt. We will also be joined by Mint’s fantastic community of savvy spenders.

Follow us on Twitter now to make sure you’re included in the event.

Prizes

We’ll be giving away $25 Amazon gift cards and copies of Mitchell Weiss’s books College Happens & Life Happens to participants who ask the best questions for the chat. Sign up now.

You must follow us on Twitter and participate in the live event to be eligible for the giveaway.

How to Ask Questions

  1. You can submit questions to our experts in advance of the live Twitter event. Send an email to creditexperts@credit.com. Include: #CreditExpertChat in the subject line.

  2. During live event: Tweet your questions to @CreditExperts or @Mint and include #creditexpertchat.

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

  • Peter

    I think the article on student loans ( http://www.mint.com/blog/consumer-iq/just-how-big-are-the-profits-behind-student-loan-interest-rates-0513/ ) is missing a couple of VERY key points.

    The author assumes that there is a ZERO default rate when calculating the profit. If we lived in a world of no defaults I am sure the rates would be much lower.

    Secondly, it would be nice if there was someone, anyone, who writes on student loans who actually called out Liz Warrens proposal for the stupidity that it is.

    Yes 75bps is the same as a 5yr Treasury… but banks don’t borrow from the Gov’t for five years…. their borrowing terms are for 1-day on a over collateralized basis. Should a student be able to pony up 105% of collateral for the loan and be willing to borrow for one day, sure let them borrow at 75bps.

    Perhaps the true underlying issue is the easy supply of loans allowing everyone to go to any school they want. That in itself is not bad, but the flood of liberal arts degress and lack of Math, Engineering, Science and Tech degrees causes two problems. 1 – Jobs requiring liberal arts degrees have more supply than demand driving wages lower, and 2 – The lack of MEST degrees means we have to look to other countries to import professionals instead of investing in America.

    If we want to fix the student loan program we should better align the cost of education with the potential return. Just like school admissions there should be a cap on subsidized loans for certain degrees in order to re-distribute the education base to the demand of jobs in the workforce.

  • http://yahoo.com Deborah Moe

    When I was 38 I started college. I had 2 kids at home and went to school and worked for the next 10 years or so. I got my AA, BA and MA in education and teaching. Well I could never pass a crucial test for securing my teaching credential. I also have a MA in school counseling but in order to get a job in this desired area, you must have been in the classroom for a couple of years. I was told this at every interview. So now I am burdened with debt in a field I could never get into and although I have been paying my student loans at a low rate, I still owe $28,000. I am now 61, seem to be aging out of the job market and wonder how long I will be able to continue to pay this debt off. I’m a volunteer for a non profit senior center and work in home health care which is only part time. Any suggestions?Thank you for listening.

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