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Three Charts Explain the Student Loan Mess


Here are three charts about student loans that have me worried. First, the total amount of student loans in the U.S. has risen steadily, doubling just since the financial crisis:


Obama plans to make it easier to pay your student loans

President Obama signed a presidential memorandum Tuesday directing federal agencies to overhaul the way Americans repay their student loans.
The move is the latest in a series of steps the administration has taken to promote college access and affordability, including expanding a program that caps student loan payments to 10 percent of a person’s income for 20 years.


How to get your student loans forgiven

Everyone knows the alarming news about student loans: It’s grown to become the second-largest source of consumer debt in the U.S. behind only home mortgages, surpassing credit card debt since the financial crisis.


Student Loans Not A Systemic Risk: Goldman

A report from Goldman Sachs Group Inc (NYSE:GS) Research published on Friday, April 17th suggests that while the massive amount student loan debt is a real social and financial problem, even if default rates continue to grow as projected, it will have a notable impact on growth in the residential real estate market but not pose a major risk to the financial system as a whole.


Remember the Problems With Mortgage Defaults?They’re Coming Back With Student Loans

Student loans, along with mortgages and car loans, have become one of the three largest sources of credit, exceeding credit-card debt. This growth in student debt appears to have caught regulators unprepared.


A Quiet Revolution in Helping Lift the Burden of Student Debt

Has the student loan crisis already been solved?
This might seem an absurd question. Student loan debt is at a record high of $1.1 trillion, and the average undergraduate who borrows to attend school graduates nearly $30,000 in debt. Almost 20 percent of student borrowers are in default.


Student-Loan Debt: A Federal Toxic Asset

Only about 56% of borrowers are making payments. At the peak of the mortgage crisis, 10% fell behind on payments.

Let’s call her Alice. One of us has known her for years. She earned her Ph.D. in the mid-1990s when academic jobs were scarce, and she wound up an academic gypsy.


How The $1.2 Trillion College Debt Crisis Is Crippling Students, Parents And The Economy


Total Student Loan Debt: $1 Trillion

Two-thirds, that’s right, two-thirds of students graduating from American colleges and universities are graduating with some level of debt. How much?


We Won’t Pay: America’s Student Loan Crisis


Borrowers with federal student loans, long promoted as the safest way to borrow for college, appear to be buckling under the weight of their debt, new data show.


Here’s Why the Student Loan Crisis Is Far From Over


Although the latest data from the Department of Education appears to indicate that the worst of the student loan crisis could be over, there’s still reason to believe that student loans will continue to threaten college graduates’ finances for years to come.



Biggest economic threat? Student loan debt

If one were to ask me what I think is the most dangerous threat to our economy, the answer is very simple: student loans.


Don Keelan: College debt — a pending disaster?


For many families, April is the month that one of their college-bound members will hear the news that she/he has been accepted or rejected by one or several of America’s 4,700 institutions of higher education.


KIDS AND MONEY: Debate heats up over student loan debt crisis

Among the many ideas being considered to ease the nation’s student loan debt crisis is this one: Allow cash-strapped borrowers to wipe out their repayment obligations through federal bankruptcy court.


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