Total college loan debt nationwide is a staggering one-trillion dollars, and many students may not be aware of programs that could greatly ease that burden; loan forgiveness for graduates who take jobs in the public sector.
There is now an option for parents to get their kids into some of the city’s top pre-kindergarten programs with loans just for day care.
It may soon get more expensive to finance your college education. Congress has another battle coming to a head and if lawmakers don’t make a deal by Friday, interest rates will jump in millions of student loans.
Students with an engineering degree from a college or university in New York State may find a financial helping hand under a proposal now under design.
U.S. Sen. Kirsten Gillibrand (D-N.Y.) has proposed new legislation to ease the burden for students who have taken out loans to pay for their education.
Congress just voted against a scheduled interest rate hike on such loans, but still, millions of people — many ready for retirement — are still drowning in this debt.
Sen Charles Schumer took to the steps of the New York Public Library on Sunday, to ask Congress to approve a deal that would block a student loan increase.
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.
Outside of mortgages, student loans are the top source of household debt. As many as 30,000 petitioners recently went onto the White House website begging for student loan relief. And they are going to get it.
Nine students have taken occupancy inside the Old Queens administration building on the New Brunswick. They’re being cheered on by about 20 more students outside.