Students facing overwhelming college loan payments sometimes are able to have that debt forgiven. But then they are hit with a tax bill. New legislation seeks to change that.
By 2021, families with income up to $125,000 will pay no tuition at in-state 4-year public colleges and universities under Clinton’s plan.
Presumptive Republican presidential nominee Donald Trump has been hard to pin down on student loans.
Hillary Clinton is borrowing an idea from her former Democratic presidential rival Bernie Sanders that would remove the burden of paying for college from many families.
Students duped into taking out loans to pay for college could get a tax break if a new Senate bill gets some traction.
A growing percentage of parents say their children will use student loans to pay for college.
The 2016 average student debt total is $37,173, a bump of 6.05% over 2015 and the largest it’s ever been.
The Consumer Financial Protection Bureau has asked a federal court to shut down a student debt-relief company that charged students millions of dollars in illegal upfront fees.
The recent Fed rate hike affects private student loans, too. Borrowers might want to take a second look at their most recent billing statements.
Fintech startup MPOWER Financing is offering personal loans to students for things like tuition or university-sponsored services without the need for collateral.