Despite some movement in Congress to alter the trajectory of what you might consider an incoming personal finance missile, interest rates on some government backed student loans are set to double on July 1.

The new face of debt is young and worried. Student loans affect nearly 15 million Americans under the age of 30 and many debtors are facing tens of thousands of dollars in repayment.

The Federal Reserve Bank of New York says the country now owes close to $1 trillion in student loan debts. But in some states, the problem is worse than others.

Paying off student loans can be a long and scary venture. But one way to get a handle on how to make it an affordable experience is to take a tip from the Pilgrims.

Ken Ilgunas spent two years obsessively paying off the $32,000 he owed on his student loans. And when he decided to go back to school for a graduate degree, he figured out a way to come out the other side debt-free.

Why is Sallie Mae trending on Twitter? The story of a birthday mishap.

In her new book, "Don't Go Back to School," author Kio Stark discusses why scores of people think traditional higher education is a waste of money.

This year, for the first time, total outstanding student loans will exceed $1 trillion. That's a crisis, right? The Atlantic argues no.

So why can't students cash in on these crazy low interest rates, anyway?

Many colleges now offer student loans and grants on debit cards, without disclosing their agreements with banks. That's caught the federal government's attention.