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Understand the Consequences of Student Loan Default
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Recently, the New York Federal Reserve released some alarming information on student loan defaults that indicated up to a quarter of all borrowers from the last nine years have defaulted on their loans. These numbers are much higher than the three-year cohort default rate measured and published annually by the Department of Education and show a growing trend of borrowers who are in need of ...
 
3 Questions to Answer Before Refinancing Student Loans
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Sara Hamilton, a law school graduate repaying more than six figures in federal student debt, was ready to ditch her hodgepodge of high rates and frustrating loan servicing. The Emory University alumna decided to renegotiate the terms of her debt by refinancing through a private lender, aiming for the lowest possible rate. Private loan refinancing may involve consolidating various loans but ...
 
5 Student Loan Terms Every Borrower Should Know
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If you have student loan debt, you've probably noticed that your loans have a language all their own. Here are five key terms that borrowers need to know.
 
Planning Key to Paying Off Student Debt
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There’s no one-size-fits-all solution for paying off student loans so experts recommend tips for what to consider as you develop a plan.
 
Money Minute: What happens if you don't pay your student loan bill?
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Miss a student loan payment? Yahoo Finance's Mandi Woodruff tells you what to expect.
 
What's the best way to tackle student loan debt?
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Skyrocketing college tuition prices make it challenging for many students to get a degree without borrowing money.
 
More Tips From “The Simple Dollar”
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Yesterday I told you about a website I found and the founder, Trent Hamm. We have more of his simple rules today.
 
Get Schooled: Here’s What Happens When You Fail To Pay Your Student Loans
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Keep those payments flowing. The post Get Schooled: Here’s What Happens When You Fail To Pay Your Student Loans appeared first on MadameNoire .
 
Young and low-paid workers in UK 'most vulnerable to interest rate rise'
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Report says young adults suffered 36% drop in savings since 2005 while top 20% of earners ‘more financially secure today than going into the downturn’ Britain’s younger workers have few funds in the bank and are vulnerable to higher interest rates following a prolonged slump in incomes, according to a leading thinktank. The Social Market Foundation found that 26 to 35-year-olds were among the ...
 
Credit Union Loan Growth at Nine-Year High
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ALEXANDRIA, Va. -- via PRWEB - Loan growth at federally insured credit unions in 2014 climbed to the highest level since 2005, the National Credit Union Administration reported today.