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Debt 101 Understanding The Student Loan Crisis - Latest News


What It Would Really Mean To Cancel Student Loan Debt

As of 2019, the outstanding balance for student loans in the United States reached $1.5 trillion. Student loan debt is one of the largest consumer debt categories, with as many as 44.7 million people ... read more

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Why people with student debt are refusing to repay it

The Debt Collective, an organization founded by a group of activists who met during the Occupy Wall Street protests a decade ago, is calling on people with student debt to stop paying it. The group’s ... read more

Betsy DeVos: This Memo Will Better Protect Student Loan Borrowers

If you’ve ever had a complaint about your student loans, this new memorandum may help you. Here’s what you need to know. Memorandum of Understanding The U.S. Department of Education and Consumer ... read more

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Tirzah Duren: The feds can help students by getting out of the loan business

And when it comes to the student debt crisis ... There are real solutions to the student loan crisis in America that don’t rely on billion-dollar “free” schooling from cradle to grave or massive ... read more


How the American millennial is overcoming debt, the dollar, and the economy they were handed

Millennials are facing an affordability crisis fueled by student debt, the Great Recession, and inflation — but they're creating their own recovery. read more

You Pay Monthly, But Your Student Debt Keeps Growing? Join The Crowd

A new report from Moody’s Investor Services finds almost half of student loan borrowers have made no progress towards reducing the balances that they started repayment with. read more

Managing Your Student Loans During College

You might have one federal loan for each year you're in school, plus private loans to cover what federal loans don't. How you manage these loans while you're still in school can determine whether you ... read more

Gen Z is aggressively trying to fix the student debt crisis

Research indicates that Generation Z is determined to squash the student debt crisis. They plan to do ... truth that Gen Z has student loan debt on the top of their minds when making career choices. read more

How to borrow money and avoid bad debt

Knowing the difference between good debt and bad debt is key, but the greatest impact may be in whether you manage what you borrow effectively. Here are some very simple and essential dos and dont's ... read more

Sallie Mae: Not A GSE, But Don't Tell The Market

SLM isn’t a GSE, although it used to be, and many investors likely still associate the name with the 2008 crisis ... s loan book is ~$23 billion - a far cry from $1.4 trillion in student loan debt (in ... read more

5 Young People On Why They're Refusing to Pay Their Student Loans

Across the United States, as many as 44.7 million people are burdened with federal student loan debt ... cofounder, Debt Collective: "When we started, people laughed at us.... People called us naive, ... read more



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