Jobless Rate for College Grads Falls to Lowest Level Since Recession
The NY Fed's latest update on the job market for college grads reinforces the value of a college education both short and long term.
The New Shape of US Household Debt
Household debt has been reshaped in ways that could potentially affect how advisors help manage clients' liabilities, the New York Fed reports.
Trump Education Department Now Allows Big Collection Fees on Defaulted College Loans
The new guidance affects loans from lending institutions made before the feds took over the student loan program in July 2010.
IRS Shuts Down Financial Aid Tool Over Security Concerns
College students and families can work around the outage, but it may dissuade some applicants.
Who’s to Blame for the Rise in Student Loan Debt and Defaults?
The Consumer Federation of America faults loan servicers; the Bipartisan Policy Center blames government, colleges and students.
VanEck Launches the First U.S.-Listed Green Bond ETF: Portfolio Products
In other product news, Morgan Stanley launched two sustainable investing portfolios.
Free College Tuition Plans Sprout in States as Feds Could Cut Aid
Get ready for potential changes in the college funding arena at the federal and state level, some good and some bad for borrowers.
House Bill Would Let Students Pay Off Loans With 529 Plans
The legislation also would encourage companies to help employees save for college or for disability care via tax incentives.
CFPB Sues Navient, the Largest US Student Loan Servicer
The CFPB charges Navient with illegal practices that pushed borrowers deeper into debt or prevented their participation in income-driven repayment plans.
College Degree Doubles the Odds of Getting a Job
The unemployment rate of recent college graduates is less than half the rate for all young workers, according to the New York Fed.