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.
Harvey Hurts Houston Mortgage Bonds Already Feeling Oil Pain
By Claire Boston, Prashant GopalAbout $30 billion in commercial mortgage-backed securities have Harvey exposure.
August 24, 2017
Ratings Agencies Warn About Failure to Raise Debt CeilingFitch Ratings says it will review the U.S. credit rating if the government has to prioritize debt service payments.
August 21, 2017
New York Cracks Down on Student Loan Fraud, AbuseAttorney General Eric Schneiderman has announced a three-pronged approach designed to end abuses and get compensation for victims.
August 17, 2017
CFPB Seeks $183M From Lender Over Corinthian College Loan SchemeThe bureau alleges Aequitas enabled the now defunct for-profit college company to make high-cost private loans to students.
August 17, 2017
Household Debt Rises to Record $12.8 Trillion: NY FedThe second-quarter New York Fed report also highlighted an increase in newly delinquent credit card debt.
August 16, 2017
A Portrait of the Student Loan Borrower: Older, Deeper in Debt, More Likely DelinquentThe student loan debt crisis is worsening in ways that go well beyond the size of the debt, the CFPB reports.
July 28, 2017
New Tool Helps Families Assess Effects of Budget Cuts on Student AidA new tool from the National Association of Student Financial Aid Administrators shows the impact of Trump budget cuts on financial aid at individual schools.
July 27, 2017
Mnuchin Says Prioritizing Debt Payments `Doesn't Make Sense'The Treasury secretary said the government should honor all of its obligations.