In what might be an extreme use of government resources, reports are coming forth that U.S. Marshals are serving warrants and arresting people for outstanding federal student loans. A Houston man says that seven armed marshals arrived on his doorstep for a $1500 loan he took out nearly 30 years ago, but there might be […]
Seniors gearing up for graduation at Howard University can breathe a little easier now; the Mecca is implementing a new practice that will surely lower…
Wealth coach Deborah Owens joined Roland Martin Tuesday on “NewsOne Now” to share some very important information about saving for college. In this week’s installment of…
On Tuesday, Rep. Charles Rangel joined Roland Martin on “NewsOne Now” to discuss President Barack Obama’s executive order to help millions of Americans lower their…
Franchesca Leigh Ramsey, a 27-year-old freelance graphic designer, is among the many viral sensations to have parodied Beyonce’s latest video “Countdown.” In perhaps the most socially poignant of the parodies, Ramsey’s “Student Loan Countdown,” highlights the trouble many U.S. college students have paying back their college loans. In the parody, Ramsey sings: “Oh, should I stand […]
The number of college students defaulting on their federal student loans is climbing, and those who attend for-profit schools remain the most likely group to default, according to new government stats released Monday.
The Department of Education has proposed new rules for students attending career-oriented schools that could disproportionally harm minority students. The rules, which would go into effect in November, could cut off support for those students who need the most financial assistance in getting their education. The new rules would make ineligible for-profit schools that do […]
In the current economic environment, one impact of the credit crunch is that it’s getting harder than ever to obtain loans of all kinds, including student loans. Unfortunately, millions of Americans rely on loans to pay for a college education. That’s why roughly $730 billion in federal and private student loans are outstanding, and only […]
