Your Student Loan Payment Just Went Up: Here’s What You Need to Know
Knowledge Snapshot A survey from the Student Debt Crisis Center (SDCC), titled “New Survey Highlights Growing Confusion Over July 1st Changes to Student Lending Impacting Millions,” found that: 67% of 3,208 borrowers said they cannot afford their new monthly payment amounts. 72% of Parent PLUS borrowers said they cannot afford their new payments. 62% of […]
Will Your Kids Survive the Student Debt Crisis
The student debt crisis has emerged as one of the most pressing financial issues facing young adults today. With the cost of higher education skyrocketing over the past few decades, many students find themselves graduating with staggering amounts of debt. According to recent statistics, the total student loan debt in the United States has surpassed […]