What Was the First Student Loan?

Students

What Was the First Student Loan?

What Was the First Student Loan?

I don’t know about you, but I have a love-hate relationship with Facebook — it’s helpful but also really annoying, and even though it enables me to discover new things, it’s a major drain on my resources. I feel the same way about my student loans. Fun fact: Both started at Harvard University. I guess… Read More

Can You Get Out From Under a Co-Signed Loan?

Personal Finance

Can You Get Out From Under a Co-Signed Loan?

Can You Get Out From Under a Co-Signed Loan?

I recently answered a question about co-signing a lease (“Should I Co-Sign My College Freshman Son’s Lease?“). In that article, I said that co-signing a lease, or anything else, is typically a terrible idea. Perhaps it was that advice that prompted this recent question: Dear Stacy, I had to co-sign my daughter’s college loans. She… Read More

Scoring Sallie Mae: How Student Loan Servicers are Rated

Students

Scoring Sallie Mae: How Student Loan Servicers are Rated

Scoring Sallie Mae: How Student Loan Servicers are Rated

While customer service isn’t the first thing people associate with student loan servicers, it has a large role in determining how much business servicers get from the government. Each quarter, the Department of Education issues a performance report on Direct Loan servicers, and it released the final report of the 2012-2013 year in August. An… Read More

This Week in Credit News: Student Loan Woes

Personal Finance

This Week in Credit News: Student Loan Woes

This Week in Credit News: Student Loan Woes

The biggest credit news this week is all about student loan interest rates and debt as thousands of Americans graduate college and face the reality of their student loan payments. How to Pay Student Loans You Can’t Afford Once the six-month grace period that most student loan borrowers have expires, they’re faced with a choice… Read More

Join Us for a Twitter Chat: Conquering Student Loan Debt

Students

Join Us for a Twitter Chat: Conquering Student Loan Debt

Join Us for a Twitter Chat: Conquering Student Loan Debt

Overwhelmed 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 &… Read More

Senator Calls for Lower Federal Student Loan Rates

Students

Senator Calls for Lower Federal Student Loan Rates

Senator Calls for Lower Federal Student Loan Rates

There has been considerable discussion in Washington, D.C., during the past few years about what the government should do about the interest rates on federal student loans. Now, a new suggestion could provide significant savings for those seeking such financing. While there has been discussion about whether to keep the rates at 3.4 percent, or… Read More

The CFPB Wants Your Help With Student Loan Debt

Students

The CFPB Wants Your Help With Student Loan Debt

The CFPB Wants Your Help With Student Loan Debt

These days, more experts are starting to point out just how bad the student debt problem in the U.S. has become, and as a consequence, the federal watchdog agency tasked with helping consumers safeguard their finances wants to see what it can do for Americans carrying these often massive balances. The Consumer Financial Protection Bureau recently issued… Read More

Colleges Feel Pressure to Lower Tuition Costs

Students

Colleges Feel Pressure to Lower Tuition Costs

Colleges Feel Pressure to Lower Tuition Costs

With many college students and their families concerned over mounting tuition costs, student loans and other related higher education expenses, private universities across the country are feeling pressure to make college more affordable. However, it remains unseen as to whether any will do so. According to a report by the Wall Street Journal, a number… Read More

Student Loan Burden Can Snowball, Crippling Borrowers

Students

Student Loan Burden Can Snowball, Crippling Borrowers

Student Loan Burden Can Snowball, Crippling Borrowers

These days, the average college graduate leaves school with tens of thousands of dollars of student loan debt, and now it seems that all those financial obligations can linger for years or more, and force many into credit trouble. The way in which American college graduates are required to pay their student loan obligations relatively… Read More

Show Me More

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now
X

Stay connected to our experts

Please submit your email address to get credit & money tips & advice
from our team of 30+ experts, delivered weekly to your inbox.