Tag Archives: loan debt
Student Loan Debt Collections Come Up Short
The U.S. Department of Education is reporting that its current student loan debt collection contract produced more revenue in the first 15 months of operation than the previous debt collection contract did for the same period of time, but debt
Taming Student Loan Debt With Prepayments
Today, two-thirds of college students leave school with at least some debt from college loans. The average debt is approaching $25,000, a figure that includes not just the original amounts borrowed but, for most students, accumulated interest as well. For
Rising Default Rates on Student Loans Stir Concerns
New data from the U.S. Department of Education show that 2008 was a bad year to graduate from college in terms of student loan defaults. According to the Education Department, 7 percent of the class of 2008 has defaulted on
Minn. Survey Shows Impact of Recession on Student Loan Debt (Page 1 of 2)
The Minnesota State University Student Association has released the results of a survey it issued in September 2010 to help assess the impact of student loan debt on its members. Because the surveys number of responses is small — just