Here Comes The Student Loan Forgiveness (Jun 2014)

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Source: Forbes – Here Comes The Student Loan Forgiveness

President Obama is in the process of expanding a student loan forgiveness program through his executive power (the infamous pen). Whether constitutional or not, he appears to believe that he can add more students to the eligibility list for a program he created by regulation in November 2013. This “Pay-As-You-Earn” program is partly about lowering the monthly payments to make student loans more affordable for graduates, but mostly it is the foot in the door to student loan forgiveness.

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Student loan debt climbs for 5th year in a row (Dec 2013)

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Source: MSN Money – Student loan debt climbs for 5th year in a row

Notable excerpts:

Student loan debt is many things — pesky, inhibiting, capable of lingering for 25 years, even — but there is one thing it is not: decreasing. According to a new report (.pdf file) from the Project on Student Debt at The Institute for College Access & Success (TICAS), the average amount students borrowed for college has increased for the fifth year in a row.

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How did this woman repay $26,000 in student debt? She planted trees (Oct 2013)

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Source: The Globe and Mail – How did this woman repay $26,000 in student debt? She planted trees

Source:

Andrea Barnett left university at 22 with an undergraduate degree in political science and philosophy. She was also saddled with $26,000 in student-related debt.

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