There’s no doubt that private student loan debts are becoming a hot button issue in the United States. There’s a fundamental underestimation about the impact they’re having on recently graduated college students. Even the students who took out the loans in the first place don’t understand some of the fundamental aspects of a private student [...]
Archive for the ‘Private Student Loans’ Category
The Current Landscape of Private Student Loan Debt
February 19th, 2012 
Elisheva Wiriaatmadja 
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Student Loan Debt Could Be Next Bubble
February 9th, 2012 Elisheva Wiriaatmadja (NBCBayArea.com) Credit card debt used to be the biggest burden for consumers, but not anymore. Now, it’s student loan debt – and experts are worried that it could prove similar to the mortgage crisis. While the cost of higher education has gone up, salaries have not kept pace, especially for those new to the workforce.
5 Tips To Repay Student Loans Easily
January 29th, 2012 Elisheva Wiriaatmadja Your credit report is the document that decides how financially happy or unhappy you are and therefore, it is essential to keep it in a good condition. Check your credit reports frequently and make sure that they remain in a good position; else you will face a lot of problems.
Paying Off Student Loans
January 17th, 2012 Elisheva Wiriaatmadja (EQuickNews.com) Looking fоr ways tо pay оff student loans? After уоu complete college, уоu main focus іs gaining adequate employment іn уour chosen field. But fоr fаr tоо many, the stress of paying оff college debt is exhausting. Entry and mid-level positions often times simply do nоt pay enough tо quickly pay dоwn student loans; [...]
Is Online College the More Affordable Alternative to a Higher Education?
January 5th, 2012 Elisheva Wiriaatmadja As if college wasn’t already a bank breaker, public colleges and universities around the nation continue to hike tuition costs. In fact, two and four year public universities will experience an average 7% tuition increase in 2012, according to the College Board Advocacy & Policy Center. Naturally, these tuition hikes will prompt students and their [...]
Discharge Student Loans in Bankruptcy!
January 2nd, 2012 Elisheva Wiriaatmadja (Forbes.com) One of the most cited grievances to come out of Occupy Wall Street is the crushing burden of student loans. I have had a couple of guest posts on the topic including one from Tim Smith who blogs on the Echo Boom. Here, now, is a piece by Alan Collings, who has been devoting himself to the [...]
Student Loan Default Rate Nearly Doubles
December 10th, 2011 Elisheva Wiriaatmadja (BayCitizen.org) Increasing numbers of college and university students are taking on record amounts of debt and then defaulting on their student loans, according to a report released this week by the Federal Reserve Bank of San Francisco. Nationally, 8.8 percent of students who were to begin repaying their loans in 2009 defaulted in 2010, the [...]
Occupy Group Calls on People to Default on Student Loans
December 6th, 2011 Elisheva Wiriaatmadja (The Sundial) A faction of the Occupy Wall Street Empowerment and Education working group has called for one million people to join a pledge to default on their student loans. The Occupy Student Debt Campaign, which is comprised of students, alumni and current faculty from schools across the country, aims to challenge the rising crisis [...]
The Student Loan Rap
December 4th, 2011 Elisheva Wiriaatmadja Do you have student loan debt? Join the club! By some accounts, there is now $1 trillion in student loan debt outstanding. Wow! With all that money spent on higher education, Americans must be the smartest workforce in the world! But funny enough, graduates are having a hard time paying back all the debt. What [...]
Next Bailout: Student Loan Forgiveness!
November 16th, 2011 Elisheva Wiriaatmadja (MyCentralJersey.com) At our son’s graduation some 25 years ago, each graduating class was asked to stand to be recognized as their degree was announced. When the school of Social Sciences was recognized, more that half the graduates stood up. I told my wife, “Most of these graduates are going to be looking for jobs on [...]
