Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
House to Vote on Bill Requiring Annual Counseling for Student Loan Borrowers
By Melanie WaddellThe legislation is designed to improve "the timing, frequency, and content of financial counseling," according to co-sponsor Rep. Bonamici.
August 20, 2018
In Leveraged Loans, It's Beginning to Look a Lot Like 2008The similarities between today's leveraged loan market and the subprime market of the mid-2000s are "eerie," says Zandi of Moody's.
August 10, 2018
Education Dept. Wants to Rescind Protections Against Predatory For-Profit SchoolsThe agency wants to eliminate a rule that raised the standards for for-profit schools participating in federal aid programs.
August 06, 2018
Student Loan Refinancer SoFi Said to Report $200 Million Q2 LossThe privately held company has disclosed quarterly revenue or earnings to its investors since Q3 2017.
August 03, 2018
5 Best & Worst Graduate Degrees for Student Loan BurdenCredible.com analyzed loan and salary data from 91,000 borrowers seeking refinancing to see how much of their paychecks were eaten up by debt payments.
August 01, 2018
Wells Fargo to Pay $2.09 Billion to End U.S. Mortgage ProbeInvestors suffered billions of dollars in losses on securities that contained the debts.
July 27, 2018
How Collateralized Loans Can Help Clients Satisfy Short-Term Capital NeedsA long-term financial plan doesn't have to get derailed when life presents emergency capital needs.
July 26, 2018
Education Department Wants to Limit Debt Relief for Defrauded StudentsThe departments proposal would require, among other things, that students prove institutions intended to defraud borrowers.