Monthly Archives: October 2014

Student financial aid

5 Myths About Student Financial Aid – Chicago Tribune

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It’s time to think about college applications, which means students are anxious about whether they’ll get into their dream school, quickly followed by their (and their parents’) panic over how which they will pay for it. For those already in school, it’s sticker shock time as tuition for the new semester begins to roll in. […]

Private student loans

Complaints about private student loans increase by 38%

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Complaints from borrowers with private student loans have jumped 38% in the past year, the Consumer Financial Protection Bureau said. Most of the complaints concerned the lack of flexibility in reimbursement. Student loan debt cannot be discharged through bankruptcy proceedings, apparently making lenders less willing to negotiate. Complaints about private student loans have jumped 38% […]