More than 70 percent of undergraduate college students take out student loans to help with college costs. The U.S. Department of Education offers several different repayment plans to ease the burden of loan payments for new graduates as they work to establish their careers.
By Jim Donovan: I’ve got some good news to share today with regards to school loans. The Education Department on Wednesday reported a drop in the percentage of people who are defaulting on repaying student […]
“It’s kind of a double-edge sword,” says Paula Nagle of the Marshall Financial Group, based in Doylestown.
By Jim Donovan: The process of planning for college and figuring out a way to pay for it can keep a lot of parents and students up at night. That’s why local college planning service […]
A Temple University graduate saddled with more than $30,000 in student loans is now selling his body to pay them off. But not in the way you’re thinking.
Chris reviews Health and Human Services Secretary’s visit to Philadelphia yesterday, Hillary Clinton’s political future, and the decision to make Ben Affleck the next Batman. He also talks to Climate Scientist Steve Goreham, Steve Cordasco on Finance Friday, and CBS 3’s Beasley Reece.
As 3 On Your Side Consumer Reporter Jim Donovan tells us, a deadline missed by Congress has some students worried.
While those affected wait to see if Congress will take action, officials at Delaware Valley colleges and universities are offering some advice to students seeking loans.
Interest rates on new federally subsidized Stafford loans were set to double Monday after Congress failed to act before the deadline. That means more debt for college students.
Millions of college students paying their way though school could see up to $4,600 tacked on to their debt if nothing changes.
US senator Bob Casey (D-Pa.) visited Temple University today to talk about the possibility that interest on federally subsidized student loans could go from their current rate of 3.4 percent to 6.8 percent on July 1st.
Tuition, room and board, books and possible graduate degrees add up pretty quickly and Bankrate.com is helping students find out the return on investment for their degree.
3 On Your Side Consumer Reporter Jim Donovan has a look at one way grads can lower the interest they’re paying on that debt.
By Jim Donovan: Sallie Mae has announced that its introducing a transitional loan repayment plan so that graduates will have more budget flexibility while job hunting. The Graduated Repayment Period will allow new college graduates […]
By Jim Donovan: Are you having problems paying your student loans? If so, you’re not alone! Student loan debt in the U.S. has been soaring and the percentage of borrowers more than 90 days delinquent […]