Monday, June 30, 2014

Increase On Federal Student Loans July 1st

Student Loan Interest Rates to Increase - ABC News

The beginning of the month of July will see a hike in interest on federal student loans for Stafford undergraduate, graduate, and parent plus loans.

Friday, June 20, 2014

The Future of Higher Education at Stake

Mark Cuban Student Loan Bubble - Business Insider

Owner of the Dallas Mavericks, shark, and all around business man Mark Cuban warns that the student loan debt bubble could pop, leaving college tuition, and therefore colleges, vulnerable to the same pricing collapse that plagued the housing market during the subprime mortgage crisis of '08.

Saturday, June 7, 2014

DO SOMETHING: Ignored Debt Is Really Bad Debt

Don't ignore your debt, especially student loan debt. It's a very toxic and lasting debt to have being that it can't be easily discharged in bankruptcy. It's really bad:

"Ignoring your debt only makes it worse,” may sound cliche, but when it comes to these loans in particular, there is truth in that adage. Student loans don’t just go away, and the consequences of making no attempt to pay or resolve them can be severe. But what does happen if you ignore your student loans?
- Adam Levin, 

Find out from this abc business article:

What Happens If I Ignore My Student Loans? - ABC News