Student Loans « CBS Philly

Blog: New Sallie Mae Student Loan Repayment Plan

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 […]

2013/03/28

BLOG: Pilot Program For Student Loan Debt Counseling

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 […]

2013/02/28

Study: Younger Adults Shedding Debt At Much Faster Rate

A new study says the millennial generation is shedding more debt than older adults.

2013/02/22

3 On Your Side: Saving On Tuition Costs

As college costs climb, so does the amount of the nation’s student loan debt. Rather than taking out another loan, 3 On Your Side Consumer Reporter Jim Donovan looks at some other ways to cut college costs.

2013/02/19

(Photo Illustration by Justin Sullivan/Getty Images)

Social Media Contest Aims To Teach Millenials About Debt

Currently, more than 60 percent of all students take out loans, and the average college graduate has over $24,000 in debt upon graduation.

2013/01/25

Older Americans Taking On Mounds Of Education Debt For Children, Grandchildren

Higher education has only gotten more expensive and it’s natural for parents and grandparents to want to help. But, those who co-sign someone’s student loan may not realize that, if the younger person stops paying, they’re on the hook for the balance.

2012/11/05

Alvernia University

Brad Deloach of Alvernia University stopped by Talk Philly.

2012/10/24

3 On Your Side: Parents Stuck With Student Loan Debt

If you think that it’s just recent grads that are struggling to pay student loans, think again. As 3 On Your Side Consumer Reporter Jim Donovan finds, more and more people are heading into retirement with student loan debt.

2012/09/21

(A student's belongings are piled up for move-in day at Temple University. Credit: Paul Kurtz)

Part 1: Back-to-School Scrimping

While the economy continues to sag, tuition costs continue to skyrocket, so an increasing number of students and parents are implementing cost-cutting strategies in order to keep up.

2012/09/06

(The DiCicco family: son Nick, daughter Michelle, mom Jill, and dad Lou. Credit: Paul Kurtz)

Part 2: Living at Home, Commuting to School

The debt burden is causing many young college graduates, and even students, to return to the nest.

2012/09/06

Part 3: Picking A Budget School

“More and more students are taking on more and more debt, leaving themselves very vulnerable, especially today when we know unemployment is still a problem for young people,” says one expert.

2012/09/06

(Laura and Tom LaFronz, seen here on the University of Pennsylvania campus, expect it will cost $700,000 to put their three kids through college. Credit: Paul Kurtz)

Part 4: In All Quarters, Facing The Harsh Truth

The college cost crunch is cutting across all economic lines.

2012/09/06

Move-in Day At Local Universities Means The Start Of Financial Worries For Many Students

Wednesday was move-in day at Temple University, and the dorms were buzzing with new freshman and their parents.

2012/08/22

3 On Your Side: Low Student Loan Rate Extended

In Washington D.C. today, President Obama signed a $105 billion transportation bill. As strange as it may sound, 3 On Your Side Consumer Reporter Jim Donovan tells us that this bill signing will come as welcome news to many college students, too.

2012/07/06