The list of companies deciding to help employees with their student loan debt is growing. Aetna recently announced that next year it’ll match eligible employees’ student loan payments up to $2,000 per year, with a maximum benefit of $10,000. Only 4 percent of companies offer a student loan repayment assistance benefit, according to the latest…
In 2015, 71% of college graduates left school with an average of $35,051 in debt, nearly quadruple the average debt among college graduates in 1993. Thats a lot of debt to be strapped with as graduates make their way into the working world. Fortunately, there are options that can help some borrowers pay off that…
Imagine charging someone for debt relief, when all youre doing is filling out government forms. Thats what has been going on for years when it comes to college loans. And its classic financial exploitation. Desperate borrowers go to websites claiming loan forgiveness and often get charged for free government services. Its clearly a swindle, but federal regulators have …
In 2015, 71% of college graduates left school with an average of $35,051 in debt, nearly quadruple the average debt among college graduates in 1993. Thats a lot of debt to be strapped with as graduates make their way into the working world. Fortunately, there are options that can help some borrowers pay off that debt…
If you have to travel a really long distance, will you take a flight or go on a bicycle? A recent issue of tax-free bonds offering 7.5% received a huge response from investors even though there was a 15-year lock in period. Curiously, the same investors are hesitant to commit funds to equities with a…
13News Now LaSalle Blanks has the story LaSalle Blanks, WVEC 5:17 PM. EST August 19, 2016 Lorraine Santalucia’s idea helps students and families eliminate college debt! (Photo: LaSalle Blanks, 13News Now) NORFOLK, Va. (WVEC) — Money prevented Lorraine Santalucia from going to the college of her choice. So she decided to do something, so others…
The United States economy faces many challenges, but student debt isnt one of them. Its true, total outstanding student debt is $1.26 trillion, far larger than car loans, which are $1.1 trillion or credit card debt, weighing in at $0.73 trillion. But still, student loan debt isnt something most Americans (even indebted millennials) should worry…
The World Game understands Brisbane are on the brink of financial collapse unless owners the Bakrie Group can provide an instant and significant cash injection to the club. Cobb was sacked on Wednesday by the Bakrie Group. The extent of the problems he has left behind are only just coming to light. With six weeks…
Johannesburg – The Progressive Youth Alliance (PYA) on Thursday called on the JSE to provide R1bn in debt relief to help poor students who are unable to afford education. “We want to lead a charge to the Johannesburg Stock Exchange to ask what they are doing to contribute to free education for the poor in…
Aug. 18, 2016 12:06 p.m. ET Jocelyn Wright is managing partner of Ascension Wealth Management in Jenkintown, Pa. Voices is an occasional feature of edited excerpts in which wealth managers address issues of interest to the advisory community. As told to Kim Eckart. Tackling debt isnt always easy, but it is a necessary step toward…