Student Loans Articles

Light bulb with a graduate hat on
Feb, 28, 2012
The student loan industry has received a lot of negative attention lately. The younger generations feel imprisoned by what they see as nothing more than corporate greed, while economists are growing uneasy watching the nation’s total student loan debt swell into what they believe may very well be the next financial bubble. Given the sheer amount of animosity festering amongst the lower- and middle-class towards the education system, college degrees, and the lack of jobs, it comes as little surprise that President Obama has brought this issue up time and time again in recent speeches.
Stressed student
Feb, 14, 2012
Imagine if we increased the risk associated with student loans. Not for students though. No, their financial future, their credit score, and their education serve as more than enough risk. In fact, the argument may be made that students should be relieved of some risk they assume when talking out education loans.   The group we’re talking about now are the colleges themselves.  Default? What’s that?  
Winner's pedestal
Feb, 1, 2012
When considering whether or not to pursue higher education and take out student loans, consider the following: contrary to popular belief, the United States is not the most educated country. While we may still reign supreme as the most powerful, the percentage of our educated population wouldn’t earn us the gold medal. Nor would we get the silver. And, believe it or not, we wouldn’t even take the bronze. Rather, the United States ranks at fourth place in the education race.  
Queen chess piece sitting on hundred dollar bills
Jan, 23, 2012
What exactly is a welfare queen?   “You know the stereotype. The single African American mother whose full-time job is having more babies to increase her welfare benefits. The illegal Mexican immigrant that steals an American’s job and uses the public emergency room as his primary care provider. (Insert anyone else who speaks a different tongue, has a slightly darker skin tone and wears funny clothing) who collects food stamps because they are too lazy to get a real job,” said John Hrabe, a Huffington Post contributor, as he satirically defines this label in an article.  
Old rich man with a portrait of young girl behind him
Jan, 16, 2012
How far would you go to relieve yourself of student loan debt? Most would likely agree that a good starting point would be to get a job… maybe forego unnecessary “wants” and focus exclusively on purchasing food, shelter, and clothing—sticking only to one's “needs.” But would it be acceptable if a student making their way through college not only stuck to their own basic necessities, but also satisfied somebody else’s needs?   And we’re not talking about charitably buying somebody else food and water. We’re on the subject of the more… carnal needs.  
Man running through a tunnel of money
Jan, 10, 2012
An increasing number of scam artists targeting community colleges aren’t being fought by the authorities, the FBI, or even bounty hunters. Instead, those identifying these financial attackers are the office workers sitting behind the financial aid desks in colleges stretched across the country. These student loan administrators are looking for “Pell Runners,” con artists who are a part of a growing, but not new, sort of scam that involves exploiting student aid opportunities and gaining thousands of dollars from Pell Grants.  
Piggy bank with note saying tuition
Jan, 4, 2012
When looking back at the previous year we see it was packed tight with many world-changing and country-changing events. Several dictators were removed from power, troops were pulled out of a 9-year war, and—here at home—public venues all over the country were inhabited by Occupy Wall Street protestors. Among those protestors sprung a separate but related group, called the Occupy Student Debt campaign. This group of current, former, and would-be students is upset over the crippling high student loan costs imprisoning the younger generations.
Graduate thinking with hand on chin
Dec, 30, 2011
During this time of recession, a common form of counsel heralded by parents, teachers, and friends has been, “Just go back to school and get a degree… that way when jobs come back, you’ll make more money.”   Knowing that the ups and down in the economy is cyclical, and being assured that our market’s expected to bounce back up within the next few years, this piece of advice sounds completely valid. But with unemployment rates so high, and with wages (when compared to standards of living and existing debt) at catastrophically low levels, the decision to take on more student debt should be considered carefully.  
Hand tossing crumpled paper in trash
Dec, 19, 2011
Given the public’s recent and growing denunciation of student loan debt, it’s important to note that some borrowers may be eligible to have their loan balance completely or partially discharged. The government offers many different debt cancellation opportunities based on necessity, fairness, or sensitivity to certain (often unforeseeable) circumstances.  
Guy Fawkes
Dec, 15, 2011
Occupy Wall Street continues to make resounding vibrations across the various media outlets as their protests have expanded beyond the property lines of corporate America, and have now infiltrated into other sectors that the 99 percent have allegedly been victimized in. Student loan debt, house foreclosures, and even shipping ports have all fallen prey to the Occupy movement—this massive collection of protesters seems to be sweeping across the nation like an unstoppable militia, baring arms against anything they come across pertaining to capitalism.  

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