Credit Card Debt vs Student Loan Debt

Student Loan Debt vs. Credit Card Debt: Which Should I Pay Off?

Facing student loan debt and credit card debt Q: I graduated with my degree last year, but I’m in a world of debt. Right now I have $22,000 in subsidized Stafford student loan debt, and $17,000 in credit card debt from covering what FAFSA, SNAP, and a part time job didn’t. My current income is […]

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National Collegiate Trusts Gets Served

New York’s Attorney General, Eric Schneiderman, issued subpoenas on Wednesday, August 16 seeking information from National Collegiate Student Loan Trusts. I’ve covered National Collegiate Trust periodically in this blog, but this may be the opening salvo that gets other states attorneys general off the fence and into the fight.

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Women Hold the Most Student Loan Debt

A recent article in the Boston Globe highlights just how much of the nation’s staggering student loan debt is held by women. The article notes that $1.3 billion in student loans is outstanding, though since the time.

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Student Loan Forbearance After Suffering a Job Loss

Losing your job can play havoc with a number of different things, including paying back your student loans. In fact, losing your job can be a real emotional trauma. You should do everything in your power to get control of your finances while you are looking for new employment.

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Trump to Overhaul Servicing of Student Loans

Strap in, it’s going to be a bumpy ride. The new head of the Department of Education, Betsy DeVos, has not been without its controversies. The latest is the resignation of James Runcie, head of the student aid office, in response to pressure to testify before Congress and micromanagement by political appointees.

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Student Loan Debt Savior – Nicki Minaj Pays Fans’ College Expenses

While some superstars seem to be interested only in showing off only the latest bling or excessive spending, one star shows heart and gives a hand to some struggling fans. Nicki Minaj, a prolific and outspoken Twitter user, recently reached out to some her fans who are facing financial difficulties in obtaining an education.

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Getting a Handle on Out of Control Debt

It’s rare to see someone coming in to talk to a bankruptcy attorney with just one kind of debt weighing them down. More often, it’s a mix of out of control debts, that while they might be manageable on their own, have turned into a storm of debt that has no evacuation plan.

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Betsy Devos Undoes Protections for Student Loan Borrowers

It’s been an interesting couple of weeks for student loan borrowers, and by “interesting” I mean anxiety inducing. Betsy Devos, who has never attended a public school or a public college, but is now nonetheless the Secretary of Education, has rescinded regulations put in place by former President Barack Obama that would hold loan servicers to act in the best interests of their clients.

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