Payment Patterns of Student Loan Borrowers
The student loan debt crisis is still developing, so the full impact has yet to be seen. This year’s college freshman (class of 2021) will carry the most student debt than any other graduating class in American history. There’s a lack of data to show just...
The Federal Perkins Loan Program is Winding Down
Federal Perkins Loan Disbursements to end June 30, 2018 The school-based Federal Perkins Loan Program expired on September 30. Perkins loans were made available on a limited basis to graduate and undergraduate students from families showing exceptional financial need....
On Average, Americans Could Stand to Improve Financial Literacy
Financial literacy is the ability to make wise money management decisions. Financially literate adults are more likely to have good credit, less debt, and retire on time. Most Americans are aware they need to be saving and investing, but don’t have a strong...