Economic News
Mounting student loans a 'debt bomb' waiting to explode
22 February 2012, 12:13 pm
It’s a vicious cycle. Many families in this country cannot afford the skyrocketing cost of higher education without student loans. But many graduates cannot find a job and cannot pay off the loans.
Is Student Loan Debt The Next Financial Crisis?
22 February 2012, 11:10 am
The student loan system is in desperate need of reform, as more and more gradutes struggle to find work and pay off their student loans.
Interest on student loans may be deductible
22 February 2012, 10:19 am
YOU CAN CLAIM A DEDUCTION IF ... •Your filing status is any filing status except married filing separately. •No one else is claiming an exemption for you on his or her tax return.
Six-figure jobs without six-figure student loans
22 February 2012, 9:03 am
Finding a high-paying job is a catch-22: You can't make more money without upgrading your skills, but in many cases getting another degree (or even just one to start) just isn't affordable for everyone. ...
Student loans are a ticking 'debt bomb'
22 February 2012, 5:27 am
It’s a vicious cycle. Many families in this country cannot afford the skyrocketing cost of higher education without student loans. But many graduates can't find a job to pay off the loans.
The high cost of student loans
21 February 2012, 10:24 pm
Funding a tertiary education is no small feat - this expense is now in the same league as buying a car or even a home. The high cost of a higher education has made it necessary for many school leavers to take out student loans.
DSI accuses schools of embezzling student loans
20 February 2012, 10:27 am
The Department of Special Investigation (DSI) is preparing to take action against higher-education institutions and staff caught embezzling student loans.
Student loans go on long after graduation
20 February 2012, 8:19 am
Student loan debt is gradually presenting itself as the next big financial hurdle nationwide. The average debt students faced from loans exceeded $25,000 in 2010, the highest yet, according to the Project of Student Debt in Oakland.
Student loans: entry fees | Editorial
20 February 2012, 12:52 am
The likely appointment of Professor Les Ebdon at Offa is a step in the right direction – but does not solve the underlying problem University entrance is in a mess. It is a mess that is damaging to individual students whose potential is wasted, and damaging to an economy which cannot compete without an expanding, well-educated workforce. Up to now, coalition policy has made matters worse rather ...
Student loans always are due, no matter how long overdue
13 February 2012, 3:24 am
If you think the student loan you took out years ago but never repaid won’t come back to haunt you, think again. The debt could land you in federal court, pleading your case before a U.S. district judge. “There’s no statute of limitations on student loans,” warned Assistant U.S. Attorney Deborah F. Sanders. “That debt is growing, and you still owe it.”