Ken Langone, Invemed Associates, shares his thoughts on improving the educational system in the U.S. and how student loans are funding Obamacare.» Read More
The percentage of U.S. consumers with two or more outstanding loans has nearly doubled since 2005, and the amount of debt is up more than 50 percent, according to new figures from FICO — the company that calculates credit scores for the major credit bureaus.
The default rate on student loans is more than 4 times the defaults on mortgages, reports CNBC's Scott Cohn.
Higher One is battling three proposed class action suits by students and their parents alleging excessive fees, inadequate disclosures and deceptive marketing.
While the country’s higher education system is plagued by the student debt crisis, one college has instituted a policy that will eliminate or dramatically decrease the debt that students graduate with. Will others follow?
Mad Money host Jim Cramer speaks to Campus Crest Communities co-founder & CEO Ted Rollins, about its dividend plans, and the state of college enrollment and its competitive advantage in the construction space.
The Department of Education last year paid $1.4 billion to collection agencies to hunt down defaulters, a group that includes nearly one in six borrowers with a loan balance. The NYT reports.
Paying back the minimum means it can take years to make a significant dent. But is it smart to pay off student loans as aggressively as one Harvard MBA did?
Investing in housing for your college student may reduce his or her room-and-board bill, provide a revenue source, and in some cases a tax deduction.
The magnitude of the debt that is frightening. In many cases, their middle class parents are broke and now they are starting their careers broke as well. By some measures, the total student debt outstanding is over $1 trillion.
As student debt explodes, private lenders, credit rating agencies, and nonprofits have begun offering consumer-friendly programs to take the financial anxiety out of college loans.
Securitization of student loans led to more aggressive underwriting for borrowers who could not possibly afford the debt they took on.
CNBC's Julia Boorstin speaks to Daphne Koller, Coursera co-founder/co-CEO, about her company's business model, and why its grabbing the attention of students around the world.
As the cost of college continues to rise, many students are finding even the Bank of Mom & Dad has tightened its lending practices.
Healthcare. Pension obligations. Student loans? A new report from Barclays helps illuminate the degree to which student-loan debt is becoming one of America’s structural challenges.
CNBC's John Harwood reports the Senate has passed bipartisan legislation on transportation and student loans.
With student loan levels rising over $1 trillion, grads need more than the perfect resume to get started. Credit ratings matter, too. Here are 8 tips on managing loans and FICO scores.
The beaten-down "for-profit" school stocks have been at the center of a different kind of storm, reports CNBC's Herb Greenberg.
According to a recent Gallup poll, only 29 percent of Americans say they have a "great deal" or "quite a lot of confidence" in the U.S. education system. Michelle Rhee, StudentsFirst founder and CEO, discusses the quality of public education in the United States, with radio talk show host John Batchelor.
College kids have always crammed for tests. Now university administrations are cramming to cut costs. They are awarding students less expensive 3-year, 'fast-track' diplomas.
CNBC's Jane Wells breaks down the data on the outlook on housing and the economy from the UCLA Anderson Forecast, with Edward Leamer, UCLA Anderson Forecast director.