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Plagued By Student Loans? Fed Rate Hike May Matter To You
Friday, December 18, 2015 - 1:50pm | 1075Read More...Earlier this week, the Federal Reserve made a decision to raise interest rates for the first time in almost a decade. While the United States has as of late enjoyed a zero interest environment, that is now changing. And, based on comments by the central bank at their monthly meeting, this initial...
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E*TRADE Shares Retirement Sentiment Data And Savings Tips
Wednesday, June 24, 2015 - 8:40am | 742Read More...E*TRADE Financial Corp (NASDAQ: ETFC) recently spoke with Benzinga and shared some as-of-yet uncirculated data and tips from its senior vice president of retirement, investing and savings, Lena Haas, regarding the disparity between investor sentiment and action in regards to retirement. Each...
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Obama Goes Full-Court Press With Plans To Reduce Student Debt
Tuesday, June 10, 2014 - 3:54pm | 497Read More...The Obama Administration is devoting much of this week to making student loans more affordable and less of a crushing financial burden for both students and their families. President Barack Obama on Monday signed an executive order that will allow millions of college and university graduates to...
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5 Items College Students Don't Need
Tuesday, April 8, 2014 - 2:09pm | 531Read More...Despite the outcry from parents all the way to Washington politicians, college tuition continues to skyrocket in cost. If you’re going to live on campus, expect to pay an average of $10,000 per year for campus housing according to new reports, in addition to regular tuition. The old rules of...
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Senate Finally Reaches Deal on Student Loans
Friday, July 19, 2013 - 7:54am | 614Read More...With the August recess looming, along with the return of students to college, a bipartisan group of Senators, under the leadership of Majority Whip, Dick Durbin, reached a compromise on student loan rates, according to Politico. Senator Lamar Alexander said, “It would save students in 11...
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New Tax Rates and Adjustments for 2012 Income and Estate Planning
Monday, June 25, 2012 - 11:21am | 1130Read More...Many lawyers, tax professionals, and financial planners around the USA are focused on the new tax laws, changes, adjustments, and rates. While the tax rates and estate taxes are presently fair for most Americans, the estate taxes are set to rocket up in 2013 if changes do not occur. This...
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Will Student Loans Cause an Economic Armageddon?
Wednesday, May 23, 2012 - 7:17pm | 1296Read More...In 2006, the underpinnings of the American financial system began to crack from a speculative bubble in the country’s housing market. Fueled by irrational exuberance in which homeowners believed their home prices would rise forever, this was made worse by Main Street and Wall Street,...
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Higher Ed Bubble Bursting: US Bank, JPMorgan Cutting Back on Student Loan Market
Wednesday, April 11, 2012 - 9:43am | 1880Read More...Has the higher education bubble finally popped? There is reason to believe that it in fact has.I. Banks Restricting Student LoansAmerican Banker reported on March 30, 2012 that US Bank (NYSE: USB) will no longer be offering private student loans and that JPMorgan Chase (NYSE: JPM) will be...
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Leverage: Money Talks, But Talk Is Cheap
Wednesday, December 7, 2011 - 3:26pm | 681Read More...Will cheap money destroy the world? Karl Denninger, noted political and economic commentator, thinks so. Denninger, author of Leverage and founder of Market-Ticker.org, presents simple and fundamental mathematic functions such as the Rule of 72 to expose our widely-flawed economic model. Primarily...
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Obama's Student Loans Plan: Fair or Fraudulent?
Thursday, October 27, 2011 - 4:56pm | 1507Read More...In the aftermath of Pres. Obama's announcement regarding new measures to ease the burden of debt for strudents struggling to pay back their college loans, critics are beginning to circle. According to CBS News, where the original plan would allow borrowers to reduce their monthly payments from...
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Student Default Rates Jumping
Wednesday, September 14, 2011 - 8:56am | 967Read More...Some not so surprising news in an era of a poor economy, dearth of jobs, and stratospheric college costs. Recent students are showing an increasing propensity to default. The figures here are deceiving as these are the default rates WITHIN 2 years of when the loan should be paid back. According...
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The Ultimate Problem With A Higher Ed Bubble
Monday, August 1, 2011 - 12:03pm | 1238Read More...There has been a lot of talk recently regarding a possible bubble in higher education. With increasing tuition costs for students and a dire job market after graduation, more are beginning to ask whether getting a college education is really worth it. Given the prevalent use of student loans to...
