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Virtual Town Hall: Mike Obermueller Talks “Refinancing Student Loans”

| September 11, 2014 | 0 Comments

Last week, Student Debt Crisis invited the two candidates of Minnesota’s 2nd Congressional District to participate in a Virtual Town Hall. We invited Rep. John Kline and Mike Obermueller to submit filmed responses to our questions regarding our nations growing higher education debt, and their policy ideas for solving what is now Americans’ second largest […]

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Virtual Town Hall: Mike Obermueller Talks “Students As Profit Centers”

| September 11, 2014 | 0 Comments

Last week, Student Debt Crisis invited the two candidates of Minnesota’s 2nd Congressional District to participate in a Virtual Town Hall. We invited Rep. John Kline and Mike Obermueller to submit filmed responses to our questions regarding our nations growing higher education debt, and their policy ideas for solving what is now Americans’ second largest […]

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Virtual Town Hall: Mike Obermueller Talks “For-Profit Schools”

| September 11, 2014 | 0 Comments

Last week, Student Debt Crisis invited the two candidates of Minnesota’s 2nd Congressional District to participate in a Virtual Town Hall. We invited Rep. John Kline and Mike Obermueller to submit filmed responses to our questions regarding our nations growing higher education debt, and their policy ideas for solving what is now Americans’ second largest […]

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5 Obvious Reasons We Need to #FIREKLINE

| September 8, 2014 | 0 Comments

Time is finally running out for Bill Maher’s #FlipADistrict competition. The host of HBO’s Real Time with Bill Maher has promised to help flip the district of America’s worst congressman. Because of Minnesota’s Rep. John Kline, hard-working Americans have had their student loan interest rates rise, and the prospects of a successful future dwindle. As […]

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How the Student Debt Crisis Stacks Up Against the Mortgage Crisis

| August 7, 2014 | 0 Comments

The average Minnesotan student leaves school $31,497 in debt. Nationally, some students are strapped down by as much as $100,000 in student loan debt. The $1.2 trillion in outstanding education debt is more than that of the rest of the world‘s student loan debt combined. Expert Mark Kantrowitz has suggested not borrowing more for an education than the expected starting salary. […]

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Mitch McConnel Doesn’t Care about Student Loan Borrwers!

| August 6, 2014 | 0 Comments

Allison Lundergan Grimes  is really taking it to Sen. Mitch McConnell, and her heated meeting with the Senate Minority Leader at a Kentucky picnic proves it. The two competitors met at the 2014 Fancy Farm Picnic, a unique gathering that forced the candidates to meet face to face. Both Grimes, and McConnell, took a combative stance […]

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Treasury Pushes to Help Borrowers, Still isn’t Enough

| August 5, 2014 | 0 Comments

The U.S. Treasury, which finances more than 90 percent of new student loans, is exploring ways to make repayment more affordable as defaults by almost 7 million Americans and other strapped borrowers restrain economic growth. Leading the effort is Deputy Secretary Sarah Bloom Raskin, who became the department’s No. 2 official in March after more than three […]

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Colleges are full of it: Behind the three-decade scheme to raise tuition, bankrupt generations, and hypnotize the media

| July 31, 2014 | 0 Comments

Tuition is up 1,200 percent in 30 years. Here’s why you’re unemployed, crushed by debt — and no one is helping THOMAS FRANK The price of a year at college has increased by more than 1,200 percent over the last 30 years, far outpacing any other price the government tracks: food, housing, cars, gasoline, TVs, you name […]

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Upcoming Changes to Student Loan Terms

| July 23, 2014 | 0 Comments

The Institute for College Access and Success (TICAS) has given a press release that wants to make it easier to understand this years’ changes to student loan terms. This includes increased interest rates and higher fees. TICAS has done a great job outlining the most important changes, as well as recommendations for reform… July 1 […]

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CFPB Now Accepting Complaints Against “Debt Relief” Services

| July 23, 2014 | 0 Comments

The CFPB has announced that they’re accepting complaints from consumers experiencing problems with third-party debt relief companies, including companies promising to help student loan borrowers in distress. They have published a consumer advisory warning borrowers in distress that they do not need to pay a fee to get help with their federal student loans. Enrollment in alternative repayment programs, […]

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