As more and more debt piles on, many make comparisons between this bubble and the one that burst a few years back: housing. But are they really that similar?
For many families, paying for college is a balancing act. You want to give your child the best options, but you don't know how to talk about what you can afford.
We hear all the time that student loan debt is on the rise, and isn't likely to slow down anytime soon. For all those federal loans, though, does the government really make any money?
According to a new report from student loan servicer Sallie Mae, parents are shelling out less money for their kid's college tuition. Before you break out the champagne, let's explore those numbers.
The proposal would link interest rates to financial markets — specifically the 10-year Treasury note — and cap rates at 8.25 percent for undergraduate loans and 9.5 percent for graduate loans.
Ignoring your problems rarely ever makes them go away. Anna learned that the hard way when the government started garnishing her wages after she defaulted on her student loan payments. But, she says, she's thankful it happened.