More and more college grads find themselves each year with crippling student loan debt. When they are unable to find work which allows them to pay back their student loans, they may have little option but to default on these loans, ruining credit and starting the cycle of collection calls and harassment. There is no [...]
Entries Tagged as 'Department of Education'
Getting Your Student Loan Forgiven or Discharged
June 21st, 2011 · 1 Comment · Student Loans
Tags: Department of Education·discharge of loan·loan default·public service jobs·student loan forgiven·student loan forgiveness·Student Loans
Student Loan Default Rate is On the Rise
November 26th, 2008 · 26 Comments · Student Loans
In these times along with mortgages and credit cards, many people are not able to afford student loan payments. SLM Corp., or Sallie Mae, the largest private student lender, reported a delinquency rate of 9.4% in September, up from 8.5% a year earlier. “It’s clearly because of economic conditions,” says spokesman Tom Joyce. “The credit [...]
Tags: Default·Department of Education·Public Servant Loan Forgiveness Program·Sallie Mae·Student Loans
