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NEWS : Student Debt Crisis

Category: NEWS

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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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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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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New Rules for Loan Rehabilitation

| July 23, 2014 | 0 Comments

The loan rehabilitation program is an important way in which American’s who already have student debt can continue to follow their higher education goals. However, 600,000 borrowers defaulted last year alone and many believe they have zero options. Here are some changes to rehabilitation programs, detailed by resource StudentLoanBorrowAssistance.org, that aim to help borrowers. 1.  Direct […]

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Good Luck Getting Guidance from the Department of Education

| July 22, 2014 | 0 Comments

The New Student Loan Fixers A few years ago, a man in his late 20s, who prefers not to be named, felt he was drowning in his student debt. He took out federal loans as an undergraduate, and then borrowed more money to go to law school. He was a smart guy, and after he […]

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