More than 70 percent of undergraduate college students take out student loans to help with college costs. The U.S. Department of Education offers several different repayment plans to ease the burden of loan payments for new graduates as they work to establish their careers.
A local college plans to offer a new loan repayment program that will pay all or part of students’ loans if they are unable to secure a well-paying job after graduation.
Senator Debbie Stabenow will be joining students from colleges across Michigan Monday at Oakland Community College in Southfield.
It’s estimated that more than 40 percent of all college students have government loans and are in debt to the tune of 1.2 trillion dollars.
A Michigan House panel is expected to debate a bill that would provide tax credits for student loan payments.
Criminal charges have been filed against eleven people from Wayne and Macomb counties for their alleged roles in at least four student-loan fraud schemes totaling more than $1 million.
With a couple of simple fixes from Congress, billions of dollars could be put into the economy by allowing middle class families to refinance their mortgages and by keeping student loans at market rates. Maybe […]
Michigan Congressman Sander Levin says that without intervention the interest rate on student loans will double in July.
According to a new University of Michigan report, about one out of every five U.S. households owe more on credit cards, medical bills, student loans and other noncollateralized debts than they have in savings and other liquid assets.
The House is ignoring a veto threat from the President and approves a bill keeping federal student loan interest rates from doubling.