A little over a decade ago, something nearly unprecedented happened in the American economy: household debt contracted instead of growing. After hitting a peak a...
A proposed law aims to completely overhaul the student loan system by having monthly bills automatically deducted from borrowers’ paychecks. According to CNBC, Senator Lamar...
Student loan debt in the U.S. has set a new record, hitting $1.465 trillion in November, according to a new analysis by Bloomberg. According to...
For all the press about how millennials are the future of commerce, there is one big and rather problematic roadblock in that narrative. Millennials are...
New data from the Federal Reserve shows that outstanding consumer credit rose by $27.95 billion in November from the previous month, the largest increase in...
Student loans have an unexpected consequence if they go unpaid: Borrowers who default on their payments can lose their state-issued professional licenses. That’s according to...
With millions of Americans shackled by massive student loan debt, one home lender is trying to entice potential buyers by paying off a chunk of...
Student loan debt in the U.S. has jumped nearly 150 percent in the last decade, reaching an all-time high of $1.4 trillion, according to credit scoring...