loans

Finding rare political accommodation on the cusp of a holiday recess, Congress passed legislation Friday designed to salvage 2.8 million jobs and shield students from a sharp increase in loan interest rates.

The legislation, which also revamps highway and transit programs and shores up…

College student borrowers can breathe easier for one more year. Late Wednesday, Congress reached an agreement that is expected to prevent the interest rate on federally subsidized loans from doubling on July 1.

The bipartisan compromise came on the heels of months of political bickering…

The Senate's top Democrat and Republican said Tuesday, June 26, that they've reached a deal that would prevent interest rates on college loans from doubling beginning this weekend for millions of students. But House Speaker John Boehner, R-Ohio, has yet to decide whether the pact will…

As Congress worked on a compromise this week on federal student-loan interest rates, students and college administrators in Washington state say loans are one of their many concerns about the cost of college.

The associate director of financial aid at Western…

For a sobering observation about student debt, it’s hard to beat this:

“Bankruptcy attorneys from across the country . . . report that what they are seeing at the ground level feels too much like what they saw before the foreclosure crisis crashed onto the national scene: more consumers…

It’s a vicious cycle. Many families in this country cannot afford the skyrocketing cost of higher education without student loans. But many graduates cannot find a job and cannot pay off the loans. As a result, they wind up in a much deeper hole (as the interest and collection fees accrue) with…

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