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Category: Student loans

Ohio State University Takes Steps to Lower Student Debt

November 8, 2017 | Posted in Student loans

With American Student Debt reaching a monumental $1.45 trillion this year, spread over roughly 44 million borrowers, elected officials and University officials around the country have been working to come up solutions that will make college education affordable and not burden graduates with unmanageable debt. This week, the Board of Trustees at The Ohio State […]

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Ohio Among Worst States for Student Loan Debt

October 3, 2017 | Posted in Student loans

According to recent reports, nearly two-thirds of Ohio students leave school with debt. Furthermore, Ohio has the 10th highest average amount of debt per student coming in at over $30,000 per student for those that graduated in 2015. And student debt isn’t just a new graduate issue either: nearly 8 percent of Ohio residents over […]

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Student Loan Debt Problems Grow Each Year

January 24, 2017 | Posted in Student loans

We have all heard the bad outweigh the good of student loans. Today, 71% of college graduates carry student loan debt. 15% of those are behind on payments. The effects of student loan debt problems grow each year. Soaking up paychecks to blocking mortgage applications. Where will it end? Student Loan Debt Problems Grow Each […]

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How To Seek Student Loan Forgiveness

July 8, 2016 | Posted in Student loans

For the vast majority of students forced to leave the halls of higher education with the staggering burden of massive student loan debt the idea of ever being free from that yoke is at best a dream and for most it is nothing but a nightmare. The economy, the politicians say with a straight face, […]

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Student Loan Servicers Asked to Be More Flexible

November 13, 2014 | Posted in Student loans

According to a recent article from the Wall Street Journal, Deputy Treasury Secretary Sarah Bloom Raskin says companies handling student loan payments need to do more to help borrowers. Raskin referred to “poor servicing tactics,” including firms not providing enough flexibility to borrowers in case of financial trouble, as well as charging extra late fees […]

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Navigating the Student Loan Waters

October 28, 2014 | Posted in Student loans

Agreeing to take on debt for school is a consideration that all job seekers must evaluate. Many jobs require some sort of degree as a prerequisite, and four year degrees can be especially costly. But the news is riddled with stories of how student debt just doesn’t pay off. Even for professional services degrees to […]

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Filing Bankruptcy On Student Loans

October 13, 2014 | Posted in Student loans

Can you file bankruptcy on a student loan? The answer is – most of the time – no. Sometimes, infrequently, the answer is yes. When you file bankruptcy, you have to list all your debts, including your student loan. However, most of the time the student loan will survive the discharge, meaning that you will […]

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Obama Acts On Student Loan Debt

June 12, 2014 | Posted in Student loans

Over the recent years the student loan debt industry hasn’t just become more of an epidemic, but also has finally gained the attention of the government. With  other economical aspects suffering at the hands of student loan debt and delinquency, many politicians are voicing their opinions for finding a solution. This week, President Obama took […]

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Avoiding Student Loans

May 27, 2014 | Posted in Student loans

Many graduates leave the commencement stage with a degree in one hand and thousands of dollars in student loan debt in the other, but this doesn’t necessarily have to be the case. While we can’t always fully avoid the need to borrow to cover tuition costs, there are some things you can do to minimize […]

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Student Loan Debt Concerns

April 9, 2014 | Posted in Student loans

As the student loan debt industry reaches new heights of over one trillion dollars new information is surfacing as to the far reaching effects this debt burden is having on the economy and consumers. As the average graduate walks the stage with some $25,000 or more in student loan debt, the hardship these debt payments […]

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