Category Archives: Student Loans

President Obama Looking into Lowering Student Loan Interest Rates

Posted on April 25, 2012 by admin

According to a report in the Washington Post, President Barack Obama is touring college campuses in an effort for support in order to seek a Congressional extension of lower interest rates for Stafford student loans. If Congress doesn’t act prior to … Continue reading →

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President Obama acts to ease burden of student loans

Posted on October 26, 2011 by admin

The White House has announced this past Tuesday, that President Obama is taking steps to ease the burden of student loans.  The President plans to accelerate a plan that would cap student loan payments at 10 percent of income, by … Continue reading →

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Posted in Collection Practices, Student Loans | Tagged | 2 Comments

ABA Asks US Government to Address Heavy Student Loan Debts

Posted on August 24, 2011 by admin

The US Government has decided that student loan debt has reached a point where action is needed.  For the first time in our nation’s history, student loan debt has risen past credit card debt.  At the current rate, a lot … Continue reading →

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College Graduate Loans Defaulting at Higher Rate

Posted on August 22, 2011 by admin

School is out, your graduation party has ended and you are now the owner of a college degree, but at what cost? Recently, student loan debt has surpassed credit card debt as the top source of America’s indebtedness. This figure … Continue reading →

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Posted in Collection Practices, Student Loans | Tagged , , , | 3 Comments