Federal Student Loans and For Profit Colleges

In attempting to strengthen the student loan process and keep funding moving for students attending reputable schools, the Obama Administration has revised a series of regulations designed with For Profit Colleges in mind. The idea is to tie access to Federal financial aid to the success of graduates of these schools. What is a For […]

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Historically Black Colleges and PLUS Loan Issues

group of african american college students closeup

As we’ve written before, changes to the PLUS loan program resulted in actually harming middle and lower-class students; closing off an income avenue to attending school.  This disproportionately affected historically black colleges and universities and the students who wish to attend them as a larger percentage of African-American students and parents make use of both the […]

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Student Loan Issues To Watch For In 2014

looknig forward student loans

Although Congress did keep the student loans interest rates at their current levels, there are still several issues that they will need to deal with this year. Interest rates will increase for the 2014-2015 school year, loan counseling needs to be overhauled and recent changes to PLUS loans are having some unexpected affects. The break […]

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Should The States Take Over Student Loans?

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Although it may be unreasonable for the states to take over all student loans, the good people of Wisconsin have had enough of the existing student debt cycle.  A number of their State elected officials have put together a plan to refinance student loans and provide an annual tax deduction for Wisconsin residents paying off their […]

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Benefits of Loan Forgiveness

student loan opportunity

While students are always worried about the fact that student loans can’t be discharged through bankruptcy, one of the greatest opportunities for the stressed out college students is student loan forgiveness or loan repayment options. When the students fail to repay their loans due to stringent financial hardships, they start worrying about the ways in […]

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Get College Cash For Military Service

military service financial aid

There are several programs available to provide college cash for current or honorably discharged members of the military.  Additionally, there are programs that apply to dependents of current or former service members.  The best programs provide grants and scholarships that do not require repayment.  There are also some loan programs that are more attractive than […]

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Student Loan Bankruptcy Reform

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In 1978, the federal government began altering the student loan bankruptcy laws.  Back then, the Bankruptcy Reform Act was signed into law by President Carter. This was in response to a handful of doctors and lawyers who attempted to fraudulently file for bankruptcy after graduation. Instead of allowing then current laws to apply, every student […]