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.
Ratings Agencies Warn About Failure to Raise Debt Ceiling
By Bernice NapachFitch Ratings says it will review the U.S. credit rating if the government has to prioritize debt service payments.
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.
July 25, 2017
New Interest Rate Bill Calls for Financial InclusionA new bill aims to change the way interest rates on loans are determined when they are transferred or sold in order to increase access to financial markets for low- and middle-income people.
July 21, 2017
S&P's Prescient Warning on America's Fiscal UnpredictabilityIs the U.S. political system really more stable than that of an emerging market?
July 18, 2017
How American Families Pay for College: 2017Sallie Maes 10th survey of parents and children shows that parents are saving less and students are borrowing more.