student loan debt

Consumer Credit Hit Record $27.95B In November
Consumer Credit Hit Record $27.95B In November
January 09, 2018  |  Consumer Finance

New data from the Federal Reserve shows that outstanding consumer credit rose by $27.95 billion in November from the previous month, the largest increase in...

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Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
Unpaid Student Loans Cost Workers Jobs, Drivers’ Licenses
November 20, 2017  |  Loans

Student loans have an unexpected consequence if they go unpaid: Borrowers who default on their payments can lose their state-issued professional licenses. That’s according to...

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Home Lenders Woo Millennials With Student Loan Assistance
Home Lenders Woo Millennials With Student Loan Assistance
September 27, 2017  |  Loans

With millions of Americans shackled by massive student loan debt, one home lender is trying to entice potential buyers by paying off a chunk of...

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Student Loan Debt Jumps More Than 100 Percent In Last Decade
Student Loan Debt Jumps More Than 100 Percent In Last Decade
August 30, 2017  |  Debt

Student loan debt in the U.S. has jumped nearly 150 percent in the last decade, reaching an all-time high of $1.4 trillion, according to credit scoring...

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FTC: Strategic Student Solutions Defrauded Student Debt Holders
FTC: Strategic Student Solutions Defrauded Student Debt Holders
May 26, 2017  |  Security & Fraud

The Federal Trade Commission announced Thursday (May 25) it charged the operators of a phony student loan debt relief and credit repair scheme with stealing...

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Government Pays $1B A Year On Student Loan Debt Collectors
Government Pays $1B A Year On Student Loan Debt Collectors
May 22, 2017  |  Loans

Over the last few years, the federal government has spent $1 billion a year to pay debt collectors to help struggling borrowers out of their student...

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Credit Card Debt Tops $1 Trillion
Credit Card Debt Tops $1 Trillion
April 11, 2017  |  Payment Methods

Credit card debt has surpassed the $1 trillion market in the U.S., joining student loan and auto debt to reach more than $1 trillion. According...

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Education Department Warns Student Loan Forgiveness Program May Not Be Valid
Education Department Warns Student Loan Forgiveness Program May Not Be Valid
April 03, 2017  |  Debt

The Department of Education warned in a legal filing last week that more than 550,000 people who signed up for a student loan forgiveness program in which...

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Raise.me Raises $12M In VC Funding To Expand Service
Raise.me Raises $12M In VC Funding To Expand Service
March 30, 2017  |  Startups

Raise.me, a startup that helps students receive financial aid and scholarships throughout high school, has raised $12 million in venture funding to expand the service around...

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