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5 Things You Should Know About the New Student Aid Bill of Rights
Source: Thinkstock If you’re among the 40 million borrowers who have been struggling to manage federal student loan debt, a little help is on the way. This week, President Obama signed the Student Aid...
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Meet a Financial Literacy Rock Star: Andrew Josuweit
Source: Student Loan Hero Student loan debt is plaguing many new and not-so-new college grads. Total outstanding student loan balances are roughly $1.16 trillion, up by $77 billion from last year,...
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5 Reasons Why You Should Not Take Out Student Loans
Source: iStock As of 2012, 71% of students graduating from four-year colleges or universities had some form of student loan debt, or more than 40 million Americans, according to the Institute for...
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Is the Recession Still Hurting Americans’ Standard of Living?
Source: Thinkstock Standard of living can be a nebulous concept, often reduced to some number on a scale. It’s determined by factoring together measures of wealth, employment, education, health, and...
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Considering Student Loans? Here Are 3 Things You Should Know
Source: Thinkstock The quick increase in student loan debt in the United States in recent years, including during the Great Recession when every other kind of debt shrank, is a subject of much debate...
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What Young People Can’t Afford Because of Student Loan Debt
Source: iStock If you’re a recent college graduate who wants to move forward and start life in the “real world,” but student loans have you shackled, you’re not alone. Total outstanding student loan...
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How One Man is Paying Off Over $100K in Student Loan Debt
Source: iStock Debt has a way of turning your finances upside down. If you don’t quickly get a handle on it, you could end up in a financial mess that takes years to untangle. However, some wrestle...
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6 Situations That Could Wipe Out Your Student Loan Debt
Source: Thinkstock Student loan balances are on the rise. The Federal Reserve Bank of New York’s second-quarter Household Debt and Credit Report reveals that total outstanding student loan balances are...
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30% of Americans Would Sell an Organ to Pay off College Debt. Would You?
Source: iStock Just how desperate are you to pay down student loan debt? If the latest report by personal finance site MyBankTracker is any indication, the answer is “very.” The website surveyed its...
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American Households Are Smaller and Lonelier Than Ever Before
Source: iStock American demographics have undergone some huge changes over the past few generations. A century ago — or a half-century, even — America was home to many large nuclear families, with lots...
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Student Loan Debt May Be More Dangerous Than Ever for New Grads
Source: iStock Paying for a good education can be costly. Some new grads are in so much student loan debt that they’re unable to afford major purchases like a home or car, and many are having trouble...
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