It’s not your grandparents’ — or even your parents ’— higher-ed system. A young Californian of the Baby Boomer generation, bolstered by the post-war economic boom and the state’s investment in public higher education, could often emerge from college with little to no debt and a clear path to a...
How Military Service Impacts Student Loan Repayment Options
If you're a veteran with student debt, you have repayment rights unique to military service members that can keep you on track and out of default. Federal student loan default occurs after nine months without a payment. Late notices turn into collection calls, and your creditor —the government — can...
Student Debt Could Lead to US Financial Meltdown
Student debt now could lead to an economic catastrophe in the future. The New York Times reports that student borrowing is at $1.5 trillion. "Many borrowers are already falling behind. During the second quarter of 2018, more than 10 percent of student loans were at least 90 days past due,"...