The Players: Mitt Romney and fellow Republicans The Play: Trying to outflank Barack Obama on student loans The Strategy: Polls give Mr. Obama a big lead among college students and voters under 30, an edge he enjoyed in 2008. Looking to ...
For the time ever, students may find it cheaper to borrow from a private bank than the federal government. Though most banks traditionally offered only variable-rate student loans, a growing number recently began giving borrowers low ...
368%: The jump since 2007 in the measure of consumer credit held by the government comprised primarily of student loans. If a student loan bubble were to pop, the government, not private banks, would be the one standing around with gum in ...
Even as the growth of student debt stirs debate on everything from whether the government should move to ease borrowers' burden to the ability to discharge obligations through bankruptcy, some banks are jockeying for position to lend to ...
The growth of student debt is stirring debate about whether the government should step in to ease the burden by rewriting the bankruptcy laws—again.
NEW YORK (MarketWatch) — For the last couple of weeks, we’ve seen college seniors don cap and gown, march to the sounds of “Pomp and Circumstance” and collect their diplomas, the fruit of years of work and sacrifice.
One solution lawmakers put forward in the growing debate over student loans is to forgive the debt of some borrowers who file and get approved for bankruptcy. But experts say even if Congress passes such legislation, banks have already ...
Economists are increasingly worried that many young Americans will spend coming years buried under student debt. Joe Mihalic was determined not to be one of them.
WASHINGTON—Latching on to rising concern over student-loan debt, President Barack Obama will spend much of the next week urging Congress to stop interest rates on the loans from doubling.
The White House and Senate Democrats are looking at ending a tax provision benefiting some small business owners to pay for a year-long extension of a freeze in student loan interest rates, which are scheduled to double from 3.4% to 6.8% ...
WASHINGTON (MarketWatch) — A step was taken Wednesday by the House Republican leadership to cap federal student loan fees, in a development that could take away an issue President Barack Obama has been campaigning on this week.