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Tag: College Loan

DonkeyHotey (CC-BY-2.0)

The Student Loan Shuffle

Since last fall, one million borrowers have had their federal student loans randomly assigned to new loan-servicing companies, all nonprofits or subsidiaries of nonprofit organizations, thanks to a little-known provision in the 2010 healthcare overhaul.

Posted on Apr 24, 2012 READ MORE

Flickr / upsuportsmouth Some rights reserved

Record Debt for the Class of 2011

American college students set to graduate this spring will do so with a special distinction. According to the National Center for Education Statistics, with an average student debt of $22,900, the class of 2011 is the most indebted ever.

Posted on May 10, 2011 READ MORE

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